For the purpose of these regulations the following terms shall have the definitions hereafter given:
(a) The definitions of the terms “taxpayer”, “association”, “business”, “corporation”, “employee”, “employer”, “net profits”, “non-resident”, “person”, “resident”, “other entity” shall be the same as set forth in Section 181.01.
(b) The term “Place of Business” means any bona fide office (other than a mere statutory office) factory, warehouse, or other space which is occupied and used by the taxpayer in carrying on any business activity individually or through one or more of his regular employees regularly in attendance.
A taxpayer does not have a regular place of business outside Edgerton solely by consigning goods to an independent factor or contractor outside the Village for sale.
(c) The term “Business Allocation Percentage,” as used in these regulations, means the average percentage arrived at by applying the formula set forth in Section 181.02(h). The “Business Allocation Percentage” is the percentage which may be applied to determine the portion of the entire net profits of a taxpayer to be allocated as having been made within the Village of Edgerton within the meaning of the provisions of said Section 181.02.
(d) The term “The Ordinance” means Ordinance No. 259 enacted by the Council of the Village of Edgerton on December 27, 1971, (Chapter 181) and any amendments or supplements thereto.
The singular shall include the plural and the masculine shall include the feminine and the neuter. (Res. 10-1971. Passed 12-27-71.)