(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, Caldwell hereby levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(b) The annual tax is levied at a rate of 1%. The tax is levied at a uniform rate on all persons residing in or earning or receiving income in Caldwell. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 882.03 and other sections as they may apply.
(c) The tax on income and the withholding tax established by this chapter 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 R.C. Chapter 718. This chapter is effective for tax years beginning on and after January 1, 2018.
(d) This chapter amends and replaces Ordinance 2016-11. Unless otherwise noted, references to section numbers are the section numbers of this chapter.
(Ord. 2017-12. Passed 10-9-17.)