(A) To provide funds for the purposes of general Municipal functions of the City there is hereby levied a tax on all salaries, wages, commissions and other compensation, and on net profits as provided in this chapter.
(B) The annual tax is levied at a rate of 2% (two percent). The tax is levied at a uniform rate on all persons residing in or earning or receiving income in the City of Eastlake. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in 184.03 of this Chapter and other sections as they may apply.
(C) The tax on income and the withholding tax established by this Chapter 184 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 Ohio Revised Code 718
(ORC 718; Ord. 2017-102. Passed 12-19-17.)