(a) To provide funds for the purposes of general City operations, maintenance of equipment, new equipment, extension, enlargement and improvement of City services and facilities and capital improvements of the City, there is hereby levied a tax upon earnings at the rate of one percent upon the following:
(1) On all gross earnings, salaries, wages, bonuses, sick pay, subpay, commissions, deferred compensation, pension plans and other compensation earned on and after February 1, 1973, by resident individuals of the City;
(2) On all gross earnings, salaries, wages, bonuses, sick pay, subpay, commissions, deferred compensation, pension plans and other compensation earned on and after February 1, 1973, by nonresident individuals, for work done or services performed or rendered in the City;
(3) On the net profits attributable to the City earned on and after February 1, 1973, of all resident unincorporated businesses, professions and other activities, derived from work done or services rendered or performed and business or other activities conducted in the City;
(4) On the portion of the distributive share of the net profits earned on and after February 1, 1973, of a resident individual, partner or owner of a resident unincorporated business entity attributable to the City and not levied against such unincorporated business entity;
(5) On the net profits attributable to the City earned on and after February 1, 1973, of all nonresident unincorporated businesses, professions or other activities, derived from work done or services rendered or performed and business or other activities conducted in the City;
(6) On the portion of the distributive share of the net profits earned on and after February 1, 1973, of a resident individual, partner or owner of a nonresident unincorporated business entity not attributable to the City and not levied against such unincorporated business entity;
(7) On the net profits earned on and after February 1, 1973, of all corporations, derived from work done or services rendered or performed and business or other activities conducted in the City; and
(8) On all lottery, gambling and sports winnings, games of chance, and prizes and/or awards earned on and after July 1, 2010. No deductions against this income are permitted. If the taxpayer is considered a professional gambler for Federal income tax purposes, related deductions as permitted by the Internal Revenue Code shall be allowed against gambling and sports winnings.
(b) The portion of the net profits attributable to the City of a taxpayer conducting a business, profession or other activity, both within and without the boundaries of the City, shall be determined as provided in Section 880.03 and in accordance with the rules and regulations adopted by Council pursuant to this chapter.
(Ord. 39-92. Passed 12-21-92; Ord. 5-2010. Passed 4-26-10.)