For the purpose of these Regulations, the following terms shall have the definitions hereinafter given:
(a) "Business allocation percentage" means the average percentage arrived at by applying the formula set forth in Section 880.02(b). The "business allocation percentage" is the percentage which may be applied to determine the portion of the entire net profits of a taxpayer to be allocated as having been made within the Municipality within the meaning of the provisions of said Section 880.02.
(b) "Place of business" means any bona fide office (other than a mere statutory office), factory, warehouse, or other space which is occupied and used by the taxpayer in carrying on any business activity individually or through one or more of his regular employees regularly in attendance.
A taxpayer does not have a regular place of business outside the Municipality solely by consigning goods to an independent factor or contractor outside the Municipality for sale.
(d) "Taxpayer," "Association," "Business," "Corporation," "Employee," "Employer," "Net profits," "Nonresident," "Other entity", "Person". “Manager”, “Other Compensation” and "Resident" shall be the same as set forth in Section 880.01.
(e) The singular shall include the plural and the masculine shall include the feminine and the neuter.
(Res. 580. Passed 12-8-70; Ord. 11-076. Passed 12-27-11.)