(a) When a resident of the Village of Cardington is subject to a municipal income tax in another municipality, he or she shall not pay a total municipal income tax on the same income greater than the tax imposed at the higher rate.
(b) Every individual taxpayer who resides in the Village of Cardington and who receives net profits, income, salaries, qualifying wages, commissions or other personal service compensation for work done or services performed or rendered outside the Village of Cardington, if it be made to appear that he has paid a municipal income tax on the same income taxable under this chapter to another municipality, shall be allowed a credit against the tax imposed by this chapter of the amount so paid by him or in his behalf to such other municipality. The credit shall not exceed the tax assessed by this chapter on such income earned in such other municipality or municipalities where such tax is paid.
(c) Every individual taxpayer who resides in the Village of Cardington who receives net profits, income, salaries, qualifying wages, commissions or other income from a resident or nonresident business entity, association or profession of which he is a partner, stockholder or owner for work done or services performed or rendered outside of the Village of Cardington, if it is made to appear that he or such business entity has paid a municipal income tax on or with respect to the same income taxable under this chapter to another municipality, shall be allowed a credit against the tax imposed by this chapter in the amount so paid by him, in his behalf or by such business entity to the other municipality. In no event, however, shall any municipal income tax, to the extent paid to another municipality and allowed as a credit hereunder, be deductible in computing the net profit of such business entity. In addition, the credit shall not exceed the tax assessed by this chapter on income earned in such other municipality where the tax is paid.
(d) A claim for refund or credit under this section shall be made in such manner as the Director may by regulation provide.
(Ord. 2005-27. Passed 11-7-05.)