Initial Business Tax Receipts are valid from the date of issuance until September 30. Annual Business Tax Receipts are issued for one year, beginning October 1 and expire on September 30 of the following year. Business Tax Receipts not renewed by October 1 of each year become delinquent and are subject to a delinquent penalty. As a courtesy, the City mails renewal reminders in August. However, if the renewal reminder notice is not received, it is the responsibility of the licensee to ensure that their Business Tax Receipt is renewed prior to September 30 each year. Failure to receive a renewal reminder notice does not exempt licensee from paying any penalties for late payment.