(a) On all salaries, wages, commissions and other compensation and other income, including lottery winnings and winnings from any and all types of gambling, earned on and after January 1, 2023, by resident individuals of the Village of North Baltimore.
(b) On all salaries, wages, commissions and other compensation earned on and after January 1, 2023 by non-resident individuals of the Village of North Baltimore, for work done, rentals, or services rendered or performed and business or other activities conducted in the Village of North Baltimore.
(c) On the net profits attributable to North Baltimore, earned on and after January 1, 2023 of all resident unincorporated business professions and other activities derived from work done, rentals, or services rendered or performed and business or other activities conducted in the Village of North Baltimore.
(d) On the portion of the distributive share of the Net profit earned on and after January 1, 2023 of a resident individual, partnership or owner of a resident unincorporated business entity not attributable to the Village of North Baltimore and not levied against such unincorporated business entity.
(e) On the net profits attributable to the Village of North Baltimore earned on and after January 1, 2023 of all non-resident unincorporated businesses, professions or other activities, derived from work done, rentals or sales made, or services performed or rendered and business or other activities conducted in the Village of North Baltimore.
(f) On the portion of the distributive share of the net profits earned on and after January 1, 2023 of a resident individual, partner or owner of a non-resident unincorporated business entity not attributable to the Village of North Baltimore and not levied against such unincorporated business entity.
(g) On the net profits earned on and after January l, 2023 of all corporations derived from work done, sales made, or services performed or rendered and business or other activities conducted in the Village of North Baltimore.
(h) The portion of the net profits attributable to the Village of North Baltimore of a taxpayer conducting a business, profession or other activity both within and without the boundaries of the Village of North Baltimore shall be determined as provided in Ohio R.C. 718.02 and in accordance with the rules and regulations adopted by the Collecting Agent pursuant to this chapter.
(Ord. 2021-28. Passed 12-21-21.)
(i) The portion of a net operating loss sustained in any taxable year subsequent to the effective date of this chapter that is allocable to the Village of North Baltimore from any business activity, including rental income meeting the following tests:
(1) Rental income received by a taxpayer shall be included in the computation of net profits from business activities under Section 181.03
, only if and to the extent that the rental, ownership, management or operations of the real estate from which such rentals are derived, whether so rented, managed or operated by a taxpayer individually or through agents or other representatives constitutes a business activity of the taxpayer in whole or in part.
(2) Where the gross monthly rental of any and all real properties, regardless of number and value aggregates in excess of one hundred twenty-five dollars ($125.00) per month, it shall be prima-facie evidence that the rental, ownership, management or operation of such properties, is a business activity of such taxpayer and the net income of such rental property shall be subject to tax. However, in the case of commercial property, the owner shall be considered engaged in a business activity when the rental is based on a fixed or fluctuating percentage of gross or net sales, receipts or profits of the Lessee, whether or not such rental exceeds one hundred twenty-five dollars ($125.00) per month; provided further that in the case of farm property, the owner shall be considered engaged in a business activity when he shares in crops or when the rental is based on a percentage of the gross or net receipts derived from the farm, whether or not the gross income exceeds one hundred twenty-five dollars ($125.00) per month. It is further provided that the person who operates a licensed rooming house shall be considered in business whether or not the gross income exceeds one hundred twenty-five dollars ($125.00) per month.
(Ord. 45-95. Passed 12-19-95.)
(j) The portion of a net operating loss sustained shall be allocated to the Village of North Baltimore in the same manner as provided therein for allocating net profits to the Village of North Baltimore. (Ord. 10-95. Passed 6-6-95.)