(A) An annual license tax of $200 shall be imposed on any operator leasing, renting or otherwise furnishing or providing 10 or more coin-operated machines or devices operated on the coin-in-the-slot principle, and $175 on 3 to 9 machines; provided, however, that the term “operator” shall not include a person owning less than 3 coin machines and operating the machines on property owned or leased by the person.
(B) A tax based on gross receipts actually received by the operator shall be paid for the privilege of operating coin-operated machines or devices within the town.
(C) Gross receipts from machines vending merchandise or postage stamps shall be deemed gross receipts from retail sales and taxed at the same rate as retail sales.
(1997 Code, § 18-81) (Ord. passed 5-31-1983)
Cross-reference:
Merchants, see § 34.121
Statutory reference:
Coin-operated machines, see VA Code, §§ 58.1-3720 et seq.