193.05  CREDIT FOR TAX PAID TO OTHER MUNICIPALITIES.
   (a)   If a resident of Napoleon is subject to and has paid a municipal income tax due to the operation of a business or the receipt of compensation in another taxing municipality in Ohio, such taxpayer shall be allowed a credit against the Napoleon tax due but such credit shall not exceed the amount of Napoleon tax levied on such compensation or from the profits of a business.
   (b)   If a resident of Napoleon operates a business or businesses in another taxing municipality in Ohio and the business or businesses incur a loss, the amount of the loss is deemed primarily subject to the taxing jurisdiction of the other taxing municipality and may not be used to reduce the taxpayer's Napoleon tax base. 
(Ord. 135-04.  Passed 12-6-04.)