City of Atlanta, Code of Ordinances, Sec. 146-1, provides that there is an annual business occupation tax upon state and national banking associations, federal savings and loan associations and state building and loan associations at the rate of 0.25 percent of the gross receipts of such institutions. The minimum amount of business occupation tax due from any depository financial institution is $1,000 per year.  

Each depository financial institution within the city must file a return of its gross receipts with the City by March 1 of the year following the year in which such gross receipts were measured. Payment of taxes is due April 1.