(A) All residents must register with the Tax Department upon moving into the city.
(B) All taxpayers having income subject to income taxation under this chapter shall file an annual tax return whether or not tax is due. Subject to provisions of § 39.005, an annual tax, for the purposes specified in § 39.001, shall be levied at the rate of 2% per annum.
(1) On all qualifying wages, commissions, other compensation, and other taxable income earned or received by residents of the municipality.
(2) On all qualifying wages, commissions, other compensation, and other taxable income earned or received by nonresidents for work done or services performed or rendered in the municipality.
(3) (a) On the portion attributable to the municipality of the net profits earned by all resident unincorporated businesses, pass-through entities, professions or other activities, derived from work done or services performed or rendered, and business or other activities conducted, in the municipality.
(b) On the portion of the distributive share of the net profits earned by a resident owner of a resident unincorporated business entity or pass- through entity not attributable to the municipality and not levied against such unincorporated business entity or pass-through entity.
(4) (a) On the portion attributable to the municipality of the net profits by all nonresident unincorporated businesses, pass-through entities, professions, or other activities, derived from work done or services performed or rendered and business or other activities conducted in the municipality, whether or not such unincorporated business entity has an office or place of business in the municipality.
(b) On the portion of the distributive share of the net profits earned by a resident owner of a nonresident unincorporated business entity or pass- through entity not attributable to the municipality and not levied against such unincorporated business entity or pass-through entity.
(5) On the portion attributable to the municipality of the net profits earned by all corporations that are not pass-through entities from work done or services performed or rendered and business or other activities conducted in the municipality, whether or not such corporations have an office or place of business in the municipality.
(6) On a resident partner’s or owner’s share 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, or business or other activities conducted in the municipality, whether or not such corporations have an office or place of business in the municipality.
(7) On all income received as gambling winnings as reported on IRS Form W-2G, Form 5754 and/or any other form required by the Internal Revenue Service that reports winnings from gambling, prizes and lottery winnings.
(‘74 Code, § 93.05) (Ord. 384-A, passed 4-1-71; Am. Ord. 562-A, passed 6-20-78; Am. Ord. 83-756, passed 12-6-83; Am. Ord. 90-914, passed 2-20-90; Am. Ord. 01-1348, passed 1-16-01; Am. Ord. 05-1469, passed 12-21-05; Am. Ord. 14-1708, passed 7-15-14)