Every person engaging in any of the following occupations or businesses in the City shall pay a mercantile license tax for the license year at the rate set forth:
(a) Wholesale vendors or dealers in goods, wares and merchandise, at the rate of three-fourths of a mill on each dollar of the volume of the annual gross business transacted by him or her;
(b) Retail dealers and retail vendors in goods, wares and merchandise, all persons engaged in conducting restaurants or other places where food, drink or refreshments are sold, and all persons conducting places of amusement, at the rate of one and one- half mills on each dollar of the volume of the annual gross business transacted by him or her;
(c) Wholesale and retail dealers and vendors in goods, wares and merchandise, at the rate of three-fourths of a mill on each dollar of the volume of the annual gross wholesale business transacted by him or her, and one and one-half mills on each dollar of the volume of the annual gross retail business transacted by him or her; and
(d) Brokers, at the rate of one and one-half mills on each dollar of the volume of the annual gross business transacted by him or her. In the case of brokers, the term "gross business transacted" means "gross commissions earned."
The tax imposed by this section shall not apply to the dollar volume of annual business covering the resale of goods, wares or merchandise taken by a dealer at a trade-in, or as part payment for other goods, wares and merchandise, except to the extent that the resale price exceeds the trade-in allowance.
(Ord. 4319. Passed 11-22-83.)