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.)