Every person and business entity engaged in any business in the urban county shall obtain an initial occupational license from the division of revenue before the commencement of such business, the fee for which shall be one hundred dollars ($100.00) Each year thereafter, such persons and entities shall pay an annual minimum license fee of one hundred dollars ($100.00). All such fees shall be submitted with the appropriate documentation required by the division of revenue, and must be paid each year by no later than the due date for the filing of net profit license fee returns. Licensure shall be valid for the calendar year in which the payment of the fee was submitted. To the extent that a person or a business entity owes an occupational license fee as otherwise provided in this chapter, the annual minimum license fee shall be credited as a payment of that occupational license fee only for the tax year covered by the occupational license, and not for any subsequent year. In no instance shall this credit create a refund. Any person or business entity filing returns on a fiscal year basis may take this credit for the tax year ending on or after the end of the calendar year for which the occupational license was issued. Any person or business entity found to be engaged in any business in the urban county without a current occupational license may be assessed a penalty of twenty-five dollars ($25.00), which shall be in addition to any required license fees.
(Ord. No. 147-90, § 1, 7-5-90; Ord. No. 267-2007, § 12, 12-6-07; Ord. No. 160-2008, § 2, 6-26-08; Ord. No. 170-2010, § 3, 10-14-10)