(a) As used in these Regulations the following words shall have the meaning ascribed to them in this chapter, except as and if the context clearly indicates or requires a different meaning.
(1) The definitions of the terms “association”, “business”, “City”, “City Income Tax Administrator”, “corporation”, “domicile”, “employee”, “employer”, “fiscal year”, “Internal Revenue Code”, “limited liability company”, “net profit”, “non-resident”, “non-resident unincorporated business entity”, “owner”, “other entity”, “pass-through entity”, “person”, “place of business”, “qualified retirement plan”, “qualifying wages”, “resident”, “resident unincorporated business entity”, “schedule C”, “schedule E”, “schedule F”, “S corporation”, “taxable income”, “taxable year” and “taxpayer” shall be the same as set forth in Chapter 185.
(2) “Form 2106" means Internal Revenue Service form 2106 filed by a taxpayer pursuant to the Internal Revenue Code.
(3) “Generic form” means an electronic or paper form designed for reporting estimated municipal income taxes and annual municipal income tax liability or for filing a refund claim that is not prescribed by the City Income Tax Administrator for the reporting of the City’s tax on income.
(4) “Gross receipts” means total income of taxpayers from whatever source derived.
(5) “Intangible income” means income of any of the following types: income yield, interest, capital gains, dividends or other income arising from the ownership, sale, exchange or other disposition of intangible property including, but not limited to, investments, deposits, money or credits as those terms are defined in chapter 5701 of the Ohio Revised Code, and patents, copyrights, trademarks, trade names, investments in real estate trusts, investments in regulated investment companies and appreciation of deferred compensation. “Intangible income” does not include prizes, awards or other income associated with any lottery winnings or other similar games of chance.
(6) “Nonqualified deferred compensation plan” means a compensation plan described in section 3121(v)(2)(C) of the Internal Revenue Code.
(7) “Ordinance” means Ordinance No. 57-2003 enacted by the Council of the City of Bucyrus on December 30, 2003, and any amendments or supplements thereto.
(8) “Return preparer” means any person other than the taxpayer that is authorized by a taxpayer to complete or file an income tax return, report or other documents for or on behalf of the taxpayer.
(b) The singular shall include the plural and the masculine shall include the feminine and the neuter. (Res. 240-2003. Passed 12-30-03.)