(a) Every person subject to the payment of the tax hereby imposed, who has commenced his or her business at least one full year prior to the beginning of the privilege year, shall compute his or her annual gross receipts of business for the privilege year upon the actual gross amount of business transacted by him or her during the preceding calendar year.
(b) Every person subject to the payment of the tax hereby imposed, who has commenced his or her business less than one full year prior to the beginning of the privilege year, shall compute his or her annual gross receipts of business for the privilege year upon the gross volume of business transacted by him or her during the first full month he or she engaged in business multiplied by twelve.
(c) Every person subject to the payment of the tax hereby imposed, who commences his or her business subsequent to the beginning of the privilege year, shall compute his or her annual gross receipts for such privilege year upon the gross volume of business transacted by him or her during the first full month of his or her engaging in business multiplied by the number of months he or she engages in business in such privilege year.
(Ord. 4312. Passed 11-22-83.)
(d) Gross receipts for general construction contractors shall exclude the following:
(1) Those receipts transferred to a subcontractor for the performance of services offered by such general construction contractor to the extent segregated as provided in Section 872.05(b)(1); and
(2) Receipts attributable to services rendered by a general construction contractor outside the geographic limits of the City to the extent segregated as provided in Section 872.05(b)(2).
(Ord. 4816. Passed 12-9-98.)