(a) In addition to the existing Municipal income tax, there shall be an additional annual tax of one half of one percent (.5%) per annum and shall be imposed on and after January 1, 1993, upon the following:
(1) On all salaries, wages, commissions and other compensation and net profits from unincorporated business entities and professions earned during the effective period of this section by residents of the Village of LaGrange.
(2) On all salaries, wages, commissions and other compensation earned during the effective period of this section by nonresidents for work done or services performed or rendered in the Village.
(3) On the portion attributable to the Village of LaGrange of the net profits earned during the effective period of this section of all resident unincorporated businesses, professions or other entities, derived from sales made, work done, services performed or rendered and business or other activities performed in the Village.
(4) On the portion of the distributive shares of the net profits earned during the effective period of this section of a resident partner or owner of a resident unincorporated business entity not attributable to the Village and not levied against such unincorporated business entity; provided, however, that the liability of an individual partner or owner taxable hereunder on income attributable to another taxing municipality shall be subject to the Relief and Reciprocity Provisions.
(5) On the portion attributable to the Village of LaGrange of the net profits earned during the effective period of this section of all nonresident unincorporated business, professions or other entities, derived from sales made, work done or services performed or rendered and business or other activities conducted in LaGrange, whether or not such unincorporated business entity has an office or place of business in the Village.
(6) On the portion of the distributive share of the net profits earned during the effective period of this section of a resident partner or owner of a nonresident unincorporated business entity not attributable to LaGrange and not levied against such unincorporated business entity.
(7) On the portion attributable to LaGrange, of the net profits earned during the effective period of this section of all corporations derived from sales made, work done, services performed or rendered and business or other activities conducted in the Village, whether or not such corporations have an office or place of business in the Village.
(b) The funds collected under the provisions of this section providing for the imposition of an additional income tax of one half of one percent (.5%) shall be credited to the General Fund of the Village and shall be allocated in such a manner as prescribed by legislation adopted by Council of the Village for law enforcement and street repair purposes only.
(c) No provision of this section shall in any way affect any rights or obligations of the Village, any taxpayer or any other person, official or entity with respect to the current one percent (1%) Municipal income tax already in effect. (Ord. 819. Passed 8-13-92.)
(EDITOR'S NOTE: See Resolution 282, passed January 14, 1993, as to credit for tax paid to another Municipality as it pertains to the one-half percent (.5%) increase in this section.)