181.03 IMPOSITION OF TAX.

   Subject to the provisions of Section 181.16, an annual tax for the purposes specified in Section 181.01 shall be imposed on and after July 1, 1988, at the rate of one percent (1%) per annum upon the following:

   (a)    On all salaries, wages, commissions and other compensations earned during the effective period of this chapter by residents of the Village.

   (b)    On all salaries, wages, commissions and other compensation for work done or services performed or rendered and business or other activities conducted in the Village.

   (c)    (1)    On the portion attributable to the Village of the net profits of all resident unincorporated businesses, professions or other entities, derived from sales made, work done, services performed or rendered and business or other activities conducted in the Village.

      (2)    On the portion of the distributive share of the net profits 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.

   (d)    On the portion attributable to the Village of the net profits of all nonresident  unincorporated businesses, professions or other entities, derived from sales made, work done, or services performed or rendered and business or other activities conducted in the Village whether or not such unincorporated business entity has an office or place of business in the Village.

      (Ord.  1195-88. Passed 4-11-88.)