(a) To provide funds for the purposes of general Municipal operations, maintenance of equipment, new equipment, extension, enlargement and improvement of Municipal services and facilities and capital improvements of the Municipality, there is hereby levied a tax upon earnings at the rate of one and one-half percent upon the following:
(1) On all salaries, wages, commissions and other compensation earned on and after July 1, 1991, by resident individuals of the Municipality;
(2) On all salaries, wages, commissions and other compensation earned on and after July 1, 1991, by nonresident individuals, for work done or services performed or rendered in the Municipality;
(3) On the net profits attributable to the Municipality earned on and after July 1, 1991, of all resident unincorporated businesses, professions and other activities, derived from work done or services rendered or performed and business or other activities conducted in the Municipality;
(4) On the portion of the distributive share of the net profits earned on and after July 1, 1991, of a resident individual, partner or owner of a resident unincorporated business entity attributable to the Municipality and not levied against such unincorporated business entity;
(5) On the net profits attributable to the Municipality earned on and after July 1, 1991, of all nonresident unincorporated businesses, professions or other activities, derived from work done or services rendered or performed and business or other activities conducted in the Municipality;
(6) On the portion of the distributive share of the net profits earned on and after July 1, 1991, of a resident individual, partner or owner of a nonresident unincorporated business entity not attributable to the Municipality and not levied against such unincorporated business entity; and
(7) On the net profits earned on and after July 1, 1991, of all corporations, derived from work done or services rendered or performed and business or other activities conducted in the Municipality.
(b) The portion of the net profits attributable to the Municipality of a taxpayer conducting a business, profession or other activity, both within and without the boundaries of the Municipality, shall be determined as provided in Section 880.03 and in accordance with the regulations adopted by Council and codified as Sections 880.17 et seq.
(Ord. 781. Passed 12-8-70; Res. 91-954. Passed 2-19-91.)