193.01 AUTHORITY TO LEVY TAX; PURPOSE OF TAX.

   (A)    To provide funds for the purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements, Beachwood hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.

   (B)   (1)    The annual tax is levied at a rate of two percent (2%).  The tax is levied at a uniform rate on all persons residing in or earning or receiving income in Beachwood.  The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 193.03 of this Chapter and other sections as they may apply.

      (2)    Intentionally left blank.

   (C)    The tax on income and the withholding tax established by this Ordinance 2015-152 are authorized by Article XVIII, Section 3 of the Ohio Constitution.  The tax is levied in accordance with, and is intended to be consistent with, the provisions and limitations of Ohio Revised Code Chapter 718 ("ORC Chapter 718").  This Ordinance 2015-152 is effective for tax years beginning on and after January 1, 2016, Municipal tax years beginning on or before December 31, 2015 are subject to the income tax ordinance and amendments thereto, rules and regulation and amendments thereto, as existed before January 1, 2016.

(Ord. 2018-44.  Passed 2-20-18.)