Every person engaged in any of the following occupations or businesses in the Township shall pay an annual mercantile tax for the license year beginning February 1, 1984, and for each license year thereafter beginning on the 1st day of February, at the rate set forth:
A. Wholesale vendors or dealers in goods, wares and merchandise, at the rate of ½ of a mill on each dollar of the volume of the annual gross business transacted by him.
B. Retail vendors, or dealers in goods, wares and merchandise, and all persons engaged in conducting restaurants or other places where food, drink, or refreshment are sold, whether or not the same be incidental to some other business or occupation, at the rate of 1½ mills on each dollar of the volume of the annual gross business transacted by him.
C. Wholesale and retail vendors or dealers in goods, wares and merchandise, at the rate of ½ of a mill on each dollar of the volume of the annual gross wholesale business transacted by him, and 1½ mills on each dollar of the volume of the annual gross retail business transacted by him.
D. The tax imposed by this Section shall not apply to the dollar volume of annual business covering the resale of goods, wares or merchandise taken by a dealer as a trade-in or part payment for other goods, wares and merchandise, except to the extent that the resale price exceeds the trade-in allowance.
(Ord. 91-1, 9/9/1991, § 11.64)