In addition to the tax on property, as otherwise provided for, and under the power and authority conferred in the laws of the state, there shall be levied and collected annually or more often where provided for, a privilege license tax on trades, professions, business operations, exhibitions, circuses and all subjects authorized to be licensed, as set out in this subchapter. All licenses shall be a personal privilege and shall not be transferable. Nothing contained in this subchapter shall be construed to prevent the Board from imposing from time to time, as it may see fit, license taxes as are not specifically defined in this subchapter, or from increasing or decreasing the amount of any special license tax, or from prohibiting or regulating the businesses subject to the provisions of ordinances.
(1988 Code, § 12-20)