(a) “Municipal taxable income” means the following:
(1) For a person other than an individual, income apportioned or sitused to the City of Brook Park under Section 1806.02, as applicable reduced by any pre-2017 net operating loss carryforward available to the person for the City of Brook Park.
(2) For an individual who is a resident of the City of Brook Park, income reduced by exempt income to the extent otherwise included in income, then reduced as provided in division (b) of this section, and further reduced by any pre-2017 net operating loss carryforward available to the individual for the City of Brook Park.
(3) For an individual who is a nonresident of the City of Brook Park, income reduced by exempt income to the extent otherwise included in income and then, as applicable, apportioned or sitused to the City of Brook Park under Section 1806.02, then reduced as provided in division (b) of this section, and further reduced by any pre-2017 net operating loss carryforward available to the individual for the City of Brook Park.
(b) In computing the municipal taxable income of a taxpayer who is an individual, the taxpayer may subtract, as provided in division (a)(2) or (a)(3) of this section, the amount of the individual's employee business expenses reported on the individual's form 2106 that the individual deducted for federal income tax purposes for the taxable year, subject to the limitation imposed by Section 67 of the Internal Revenue Code. For the municipal corporation in which the taxpayer is a resident, the taxpayer may deduct all such expenses allowed for federal income tax purposes. For a municipal corporation in which the taxpayer is not a resident, the taxpayer may deduct such expenses only to the extent the expenses are related to the taxpayer's performance of personal services in that nonresident municipal corporation.
(Ord. 9984-2015. Passed 12-15-15; Ord. 11012-2018. Passed 1-23-18; Ord. 11375-2023. Passed 12-12-23.)