a. Whenever the City deems it necessary, the City may by notice served to the person or business entity require businesses who make Federal Form 1099 non-employee compensation payments to persons or business entities, other than employees for services performed within the City, to maintain records of such payments and to report such payments to the City. Said payments must be reported by remitting Federal Form 1099 of the year following the close of the calendar year in which the non-employee compensation was paid. If a person or business entity is not required to remit Federal Form 1099 to the IRS, including but not limited to payments less than six hundred ($600) dollars, they are still liable to remit the equivalent information to the City. The information required to be reported by said licensee shall include:
1. Payer’s name, address, social security and/or Federal identification number;
2. Recipient’s name and address;
3. Recipient’s social security and/or Federal identification number;
4. Amount of non-employee compensation paid in the calendar year; and,
5. Amount of non-employee compensation earned in the City for the calendar year.
b. Persons who receive non-employee compensation payments for services performed within the City of Bowling Green are required to pay local occupational license fees on that income at the rate of 2.0%, unless registered and filing a net profit return.
(Ord. BG2020-23, 9/1/2020; Ord. BG2023-6, 5/2/2023)
Editor's Note: Any business subject to Subchapter 18-2 shall pay a net profit license fee of 1.85% until the end of its current fiscal year, and thereafter the 2.0% net profit license fee shall be in effect for all fiscal years beginning on or after January 1, 2024. All Employee Wage Withholding fees shall be 2% effective January 1, 2024.