(A) Except as provided in division (B) of this section, every person or business entity engaged in any business for profit and any person or business entity that is required to make a filing with the Internal Revenue Service or the Kentucky Revenue Cabinet shall be required to file and pay to the city an occupational license tax for the privilege of engaging in such activities within the city. The occupational license tax shall be measured by .0075 of all wages and compensation paid or payable in the city for work done or services performed or rendered in the city by every resident and nonresident who is an employee.
(B) The occupational license tax imposed in this section shall not apply to the following persons or business entities:
(1) Any compensation received by members of the Kentucky National Guard for active duty training, unit training assemblies and annual field training;
(2) Any profits, earnings or distributions of an investment fund which would quality under Kentucky Revised Statutes qualify under KRS 154.20-250 to 154.20-284 to the extent any profits, earnings, or distributions would not be taxable to an individual investor; and
(3) Because of the undue burden of administration, no license fees under this chapter shall be required of domestic workers employed in private homes or temporary or casual farm labor.
(Ord. 002-08, passed 3-3-08; Am. Ord. 006-10, passed 9-13-10) Penalty, see § 116.99