(A) Where a resident of the municipality is subject to a municipal income tax in another municipality or an income tax in a joint economic development district, he or she shall not pay a total combined municipal income tax in a joint economic development district income tax on the same income greater than the municipal income tax or the joint economic development district income tax imposed at the higher rate.
(B) Every individual taxpayer who is a resident of the municipality and received net profits, salaries, wages, commissions, or other personal service compensation for work done or services performed or rendered outside of the municipality, if it is shown that he or she has paid municipal or joint economic development district income tax on the same income taxable under this chapter, shall receive a credit of the amount so paid by him or her, or on his or her behalf, to such other municipality or joint economic development district. The credit shall not exceed the tax assessed by this chapter on such income earned or paid in such other municipality or municipalities or joint economic development district or districts where such tax is paid.
(Prior Code, § 880B.081) (Ord. 2015-15, passed 11-10-2015)