Every individual taxpayer who resides in the City but who received net profits, incomes, salaries, qualifying wages, commissions, rents or other compensation for work done or services performed or rendered outside of the City, if it is made to appear that he has paid a municipal income tax or excise tax based on income, on such net profits, income, salaries, qualifying wages, commissions, rents or compensation in another municipality, shall be allowed a credit for the amount so paid by him or in his behalf in such other municipality. This credit is applied only to the extent of the tax assessed by this chapter, by reason of such net profits, incomes, salaries, qualifying wages, commissions, rents or compensation earned in such other municipality where such tax is paid.
(Ord. C7-71. Passed 3-1-71; Ord. C27-05. Passed 4-4-05.)