For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
ADMINISTRATOR. An official administrator of the occupational tax, to be appointed by the Fiscal Court.
COUNTY. Lincoln County, Kentucky.
GROSS RECEIPTS or COMPENSATION. When applied to a person employed by others, the gross amount of all salaries, wages, commissions, bonuses or other money payments of any kind, or other considerations having a monetary value, which a person receives or becomes entitled to, or is given credit for by an employer, without deduction for withholding taxes, Social Security benefits, any form of insurance or retirement benefits or other deductions made by all employers in calculating “take home pay.” Any traveling expenses actually incurred and paid by the employer and gratuities such as “tips” paid by someone other than the employer shall be exempt from the operation of this chapter.
LICENSE FEE. A tax imposed for the privilege of exercising the right to engage in trade, occupation or profession for compensation paid by others or the right to engage in trade, occupation or profession for oneself, for profit or gain, within the county.
NET PROFIT. Gross receipts less ordinary business deductions, recognized as such, and allowed by the laws of the state, in computing tax liability, but without deductions for taxes based on income.
PERSON. All natural partnerships, firms, associations, governmental bodies and agencies, and corporations and whenever used in any interpretation.
TRADE, OCCUPATION or PROFESSION. Any and all activities and the rendering of any and all services of all kinds or other remuneration, or net profit or gain of any kind when applied to persons so engaged for themselves whether the person be a resident of the county or not.
(2001 Code, § 110.01) (Ord. passed 6-8-1999)
(A) All persons engaged in any trade, occupation or profession within the county, when employed by another, shall pay a license fee measured by and equal to 1% of gross receipts paid for the service.
(B) (1) All persons engaged in any trade, occupation or profession within the county, for themselves, for profit or gain, shall pay a license fee measured by and equal to 1% of the net profit realized from the activity.
(2) It shall be unlawful for any person to engage in any trade, occupation or profession within the county, without withholding, reporting and paying the license fees herein provided and required. Portions of the order prescribing a penalty in the form of fine or imprisonment shall mean and include the individual members of a firm, partnership or association and the officers of any governmental body or agency or any corporation.
(2001 Code, § 110.02) (Ord. passed 6-8-1999) Penalty, see § 110.99
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