shall be discontinued. Where such resolution is adopted the provisions of this article shall, upon said date, cease to be applicable in said province, except as regards taxes already accrued; and at the same time the provisions of the Assessment Law shall become fully operative  therein to the same extent as if the townships of said province were regularly organized municipalities, and for the due effectuation of said law therein they shall be taken to be such. ESHAcI License and Privilege Taxes S ECTION  2360 . Annual Taxes Fixed by Council .  —  All taxes, licenses, and fees imposed by the council shall be fixed by ordinance, and may be changed from year to year as the council may deem proper. [1397-45.] S ECTION  2361 . Payment of License and Privilege Taxes. —  All license and privilege taxes shall be paid before the licensee or taxpayer shall begin the business or enjoyment of the privilege for which the license or tax is imposed by the ordinance of the cou ncil. An addition to the tax or license, in the nature of a penalty amounting to twenty per centum of the original tax or license to be collected and accounted for by the provincial treasurer in the same manner as the original tax or license, shall be imposed fo r a failure to pay the tax or license when due. The council shall furthermore provide that any person conducting a business or enjoying a privilege without paying the tax required by its ordinances shall be punished by fine or imprisonment, or both, after trial and conviction before the township court,  as in other cases, subject to the restriction expressed in subsection ( q ) of section two thousand three hundred and thirty-one hereof. [1397-46, 49.] S ECTION  2362 . Termination of License and Privilege Taxes. —  All licenses and privilege taxes shall terminate on the thirty-first day of May of each year, and anyone beginning a business or exercising a privilege upon which a tax is levied by the council af ter the thirty-first day of May shall be required, before beginning such business or exercising such privilege, to pay the license or tax for the part of the year which remains, to and including the thirty-first day of May following, but all licenses and p rivilege taxes may be paid in advance in four Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 697 ARTICLE  XIV