(A) Tax imposed.
(1) A tax is imposed upon all persons engaged in the business of selling tangible personal property at retail in this village at the rate of 1% of the gross receipts from the sales made in the course of such business, in accordance with the provisions of ILCS Chapter 65, Act 5, § 8-11-1.
(`70 Code, § 20-1)
(2) The exclusion contained in Section 2(d) of the Retailer’s Occupation Tax Act approved June 28, 1933, as amended, shall not apply to property within the village.
(B) Report required. Every person engaged in the business of selling tangible personal property at retail in the village shall file the report to the State Department of Revenue required by law.
(`70 Code, § 20-2)
(C) Payment. At the time the report required by division (B) of this section is filed, there shall be paid to the State Department of Revenue the amount of tax imposed on account of the receipts from sales of tangible personal property during the preceding month.
(`70 Code, § 20-3) (Ord. 75, passed 7-16-55; Ord. passed 7-11-67; Ord. passed 8-12-69; Ord. 275, passed 6-26-75)