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Upon every person engaging or continuing within the City in the business of producing for sale, profit, or commercial use any natural resource products, the amount of such tax to be equal to the value of the articles produced as shown by the gross proceeds derived from sales thereof by the producer, except as hereinafter provided, multiplied by the respective rates as follows: Coal, three-fourths of one percent; limestone or sandstone, quarried or mined, 2.20 percent; oil, 1.34 percent; natural gas, in excess of the value of five thousand dollars, 5.95 percent; blast furnace slag, 2.95 percent; sand, gravel or other mineral products, not quarried or mined, 2.95 percent; timber, .75 of one percent; other natural resource products, 1.95 percent. The measure of this tax is the value of the entire productions in the City regardless of the place of sale or the fact that delivery may be made to a point outside of the City.
(1978 Code Sec. 9-11.)
Every person engaging or continuing within the City in the business of severing oil, natural gas or petroleum products from the strata of the earth, or of operating oil or gas properties, shall use as the measure of the tax imposed by Section 729.02 the value of the entire productions, with no deduction by reason of payments under contracts or agreements requiring payment, either in money or in kind, to the owner of the royalty interest, excess royalty or working interest in such properties, where such payments are made in kind, the market value of the natural resource product or other things so paid, at the time of payment, shall be included in the measure of such tax. Every person who is hereby required to pay such tax measured by the entire production of the property operated, is hereby authorized and empowered to deduct from any payment, in money or in kind, to the owners of any royalty interest, excess royalty or working interest in such properties, that proportion of the tax paid which the royalty, excess royalty or working interest bears to the entire production; and there is hereby levied upon such royalty interest, excess royalty or working interest, such proportionate part of the tax imposed by Section 729.02. The exemption of five thousand dollars ($5,000) granted to producers of natural gas, by Section 729.02 shall be for the benefit of the owner of such royalty interest, excess royalty or working interest in the same proportion which royalty interest, excess royalty or working interest bears to the entire production, and the balance of the exemption shall be for the benefit of the person operating such properties. (1978 Code Sec. 9-12.)
Upon every person engaging or continuing within the City in the business of manufacturing, compounding, or preparing for sale, profit, or commercial use, either directly or through the activity of others in whole or part any article or articles, substances, commodity or commodities, or electric power not produced by public utilities taxable under other provisions of this article, the amount of the tax to be equal to the value of the article, substance, commodities of electric power manufactured, compounded or prepared for sale, as shown by the gross proceeds derived from the same except as hereinafter provided, multiplied by the rate of .30 of one percent. The measure of this tax is the value of the entire products manufactured, compounded, or prepared regardless of the place of sale or the fact that deliveries may be made to point outside of the City or State.
(1978 Code Sec. 9-13.)
Upon every person engaging or continuing within the City in the business of selling any tangible property whatsoever, real or personal, including the sale of food in hotels, restaurants, cafeteria, confectioneries, and other public eating houses, except sales by any person engaging or continuing in the business of horticulture, or grazing or of selling stocks, bonds or other evidences of indebtedness, there is likewise levied and shall be collected, a tax equivalent to .40 of one percent of the gross income of the business, except that in the case of a wholesaler or jobber, the tax shall be equal to .15 of one percent of the gross income of business.
(Ord. 732. Passed 12-21-15.)
Upon any person engaging or continuing within the City in any public service or utility business, there is likewise hereby levied and shall be collected taxes on account of the business engaged in equal to the gross income of the business multiplied by the respective rates as follows: Street and interurban and electric railway, one percent; water companies, 4.0 percent, except as the income from municipally owned water plants; electric light and power companies, 4.00 percent on sales and demand charges for domestic purpose and commercial lighting and 3.00 percent on sales and demand charges for all other purposes, except as to income from municipally owned plants producing or purchasing electricity and distributing the same; natural gas companies, 3.0 percent on the gross income, such gross income from all sales to consumers the amount of the tax paid by the taxpayers under Section 729.15; and upon all other public service or utility business, 1.95 percent.
(1978 Code Sec. 9-15.)
Upon every person engaging or continuing within the City in the business of contracting, the tax shall be equal to 2.00 percent of the gross income of the business; provided, that on all construction now in progress and on all contracts entered into before July 1, 1971, the tax shall be equal to 1.50 percent of the gross income of the business.
(1978 Code Sec. 9-16.)
Upon every industrial loan company engaging or continuing business in the City, the tax shall be equal to .90 of one percent of the gross income of the business. The term "industrial loan company" as herein used shall mean any corporation formed under the provisions of, West Virginia Article 31-7, a corporation formed prior to the enactment of such Article 7 with the approval of the Commissioners of Banking of this State under the laws governing formation of building and loan associations, whose plans of operation is as provided in this article.
(1978 Code Sec. 9-17.)
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