§ 114.009 LICENSE FEE FOR COMPENSATION RECEIVED IN PROPERTY.
   Where compensation is received or paid in property, its fair market value at the time of receipt shall be subject to a license fee or to withholding (deduction of the fee at the source). Board and lodging and similar items shall be included in earnings at their fair market value, where such board and lodging is considered part of the compensation paid; however, the value accepted for the purpose of the state and federal payroll taxes may be accepted by the Finance Officer.
(Ord. 220.7-6-2008, passed 6-25-2008)