(a) It is the intent of this section that a taxpayer, subject to tax in more than one municipality on the same income, who has complied with the provisions hereof shall not be required by this chapter to pay a total municipal income tax on such income greater than the tax imposed at the higher rate.
(b) Accordingly, notwithstanding any other provisions of this chapter, when a resident of the Municipality is subject to and has paid, or has acknowledged liability for, a municipal income tax in another municipality on the same income taxable under this chapter, and such other municipality does not allow a credit to its nonresidents, such Village of Grafton resident may claim a credit of the amount of such tax paid to such other municipality, but not in excess of the tax assessed by this chapter.
(Ord. 00-044. Passed 12-19-00.)