Loading...
Upon every person engaging or continuing within this Town in the business of selling any tangible property whatsoever, real or personal, including the sales of food, and the services incident to the sale of food in hotels, restaurants, cafeterias, confectioners and other public eating houses, except sales by any person engaging in or continuing in the business of horticulture, agriculture or grazing, or of selling stocks, bonds or other evidence of indebtedness, therein in likewise hereby levied and shall be collected, a tax equivalent to fifty-one hundredths (.50) of one percent (1%) of the gross income of the business, except that in the business of selling at wholesale the tax shall be equal to fifteen one hundredths (.15) of one percent (1%) of the gross income of the business.
(Ord. 96-06. Passed 11-7-96.)
Upon every person engaging or continuing within this Town 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, substance or substances, commodity or commodities, or electric power produced by public utilities or others and not taxed under other provisions of this article, or newspaper publishing (including all gross income or proceeds of sale from circulation and advertising), the amount of tax to be equal to the value of the article, substance, commodity or electric power or newspaper, manufactured, compounded or prepared for sale, as shown by the gross proceeds derived from the sale thereof by the manufacturer or person compounding or preparing the same, except as otherwise provided, multiplied by a rate of thirty one hundredths (.30) of one percent (1%). The measure of this tax is the value of the entire product manufactured, compounded or prepared in this State for sale, profit or commercial use, regardless of the place of sale or the fact that deliveries may be made to points outside the State. However, the dressing and processing of food by a person, firm or corporation shall not be considered as manufacturing or compounding but the sale of these products on a wholesale basis shall be subject to the same tax as is imposed on the business of selling at wholesale as provided in Section 721.03.
(Ord. 96-06. Passed 11-7-96.)
Upon every person engaging or continuing within this Town 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 the sale thereof by the producer, except as otherwise provided, multiplied by the respective rates as follows: Coal, one percent (1%); Limestone or sandstone, not mined or quarried, three percent (3%); Oil, blast furnace slag, three percent (3%); Natural gas, in excess of the value of five thousand dollars ($5,000), six percent (6%); Limestone or sandstone, mined or quarried, one and one-half percent (1.5%); Timber, one and one-half percent (1.5%); Other natural resource products, two percent (2%). The measure of this tax is the value of the entire production in this Town, regardless of the place of sale or the fact that the delivery may be made to points outside the Town. (Ord. 96-06. Passed 11-7-96.)
Upon any person engaging or continuing within this Town in any public services or utility business, except railroad or railroad car, express, pipeline, telephone and telegraph companies, water carriers by steamboat or steamship and motor carriers, there is likewise hereby levied and shall be collected, taxes on account of the public service or utility business engaged in equal to the gross income of the business multiplied by the respective note as follows: Water companies, four percent (4%) except as to income received by Municipality owned water plant; Electric light and power companies, four percent (4%) on sales and demand charges for domestic purposes and commercial lighting, three percent (3%) on sales and demand charges for all other purposes, except as to income received by Municipality owned plants producing or purchasing electricity and distributing the same; Natural gas companies, three percent (3%) on gross income, gross income for the purpose of this section is to be determined by first deducting from the gross income all sales of gas to consumers within this Municipality the amount of tax paid by the taxpayer to the State of West Virginia of 1931, as amended, and in effect on July 1, 1972, on the production of gas; and all other public service utility companies, two percent (2%). The measure of this tax shall not include gross income derived from commerce between the State of West Virginia and other states of the United States or between this state and foreign countries.
(Ord. 96-06. Passed 11-7-96.)
Upon every person engaging or continuing within this Town in the business of making loans of money, credit goods or things in action, who because of such activity is required under the provisions of Article 7-A, Chapter 47, of the Code of West Virginia, 1931, as amended, to obtain a license from the Commissioner of Banking of the State of West Virginia, and upon each and every industrial loan company the tax shall be one percent (1%) of the gross income of any activity, notwithstanding any other provisions of this article.
(Ord. 96-06. Passed 11-7-96.)
Loading...