(A) An annual tax for general revenue purposes of 0.5% is hereby imposed on:
(1) The earned income of all residents of the township earned or paid after July 1 of the current year;
(2) All earned income earned or paid after July 1 of the current year by or to nonresidents of the township for work done or services performed or rendered in the township;
(3) The net profit earned after July 1 of the current year of businesses, professions or other activities conducted by residents; and
(4) The net profit earned after July 1 of the current year of businesses, professions or other activities conducted in the township by nonresidents.
(B) The tax levied under divisions (A)(1) and (A)(2) above shall relate to and be imposed upon salaries, wages, commissions, bonuses, incentive payments, fees and other earned income paid by an employer on his or her behalf to any person who is employed by or rendered services to him or her. The tax levied under divisions (A)(3) and (A)(4) above shall relate to and be imposed on the net profits or other earned income of any business, profession or enterprise carried on by any person as owner or proprietor, either individually or in association with some other person or persons.
(C) Said tax shall first be levied, collected and paid with respect to the earned income and net profits of individuals, businesses, professions and other activities earned during the period between July 1 of the current year and ending on December 31 of the current year, and each and every calendar year thereafter.
(2003 Code, § 151-3) (Ord. 1-69, passed 1-6-1969)