(a) Resident Individuals. On all income, qualifying wages, including sick pay and vacation pay, commissions and other compensation earned or received during the effective period of this chapter by residents of the City. Lottery, gambling, and sports winnings shall also be taxable, and in no circumstance shall deductions be allowed against these winnings. However, deductions shall be allowed against gambling and sports winnings, if the taxpayer is considered a professional gambler for federal income tax purposes.
(b) Nonresident Individuals. On all income, qualifying wages, including sick pay and vacation pay, commissions and other compensation earned or received during the effective period of this chapter by nonresidents for work done or services performed or rendered in the City.
(c) Resident Unincorporated Business.
(1) On the portion attributable to the City of the net profits earned during the effective period of this chapter 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 City
(2) On the portion of the distributive share of the net profits earned during the effective period of this chapter of a resident partner or owner of a resident unincorporated business entity not attributable to the City and not levied against such unincorporated business activity.
(d) Nonresident Unincorporated Business.
(1) On the portion attributable to the City of the net profits earned during the effective period of this chapter 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 City, whether or not such unincorporated business entity has an office or place of business in the City.
(2) On the portion of the distributive share of the net profits earned during the effective period of this chapter of a resident partner or owner of a nonresident unincorporated business entity not attributable to the City and not levied against such unincorporated business activity.
(e) Corporation. On the portion attributable to the City of the net profits earned during the effective period of this chapter of all corporations derived from sales made, work done, services performed or rendered and business or other activities conducted in the City whether or not such corporations have an office or place of business in the City.
(f) 12-Day Occasional Entry Rule. The City of Milford shall not tax the compensation of an individual if all of the following apply.
(1) The individual does not reside in the City of Milford.
(2) The compensation is paid for personal services performed by the individual in the City of Milford on twelve or fewer days during the calendar year. A day is a full day or any fractional part of a day.
(3) In the case of an individual who is an employee, the principal place of business of the individual's employer is located outside the City of Milford and the individual pays tax on compensation described in subsection (b) hereof to the City, if any, in which the employer's principal place of business is located, and no portion of that tax is refunded to the individual.
(4) The individual is not a professional entertainer or professional athlete; the promoter of a professional entertainment or sports event, or an employee of such a promoter, all as may be reasonably defined by the City of Milford.
(g) Stock Options. Stock options or other compensation received in the form of property are taxable when included on Form W-2 or Form 1099 for federal purposes. (Ord. 04-346. Passed 1-6-04.)