(a) Any taxpayer who is a nonresident of the City and is subject to the tax imposed by this chapter shall receive no credit for any tax paid on his or her income in the municipality of his or her residence, or any other municipality, and shall pay to the City a 2% tax on the income earned within the City.
(b) (1) When a resident of the City is subject to a municipal income tax in another municipality on the same income taxable under this chapter, a credit shall be allowed against the City income tax in the amount of 100% of the amount of municipal income tax paid to another municipality on the same income taxable under this chapter, up to 1.25%. For the purpose of this section, "taxable income" shall include the distributive share of net profits of a resident partner or owner of an unincorporated business entity.
(2) If such City resident fails, neglects or refuses to file such return or form as is prescribed by the Administrator, he or she shall not be entitled to such credit and shall be considered in violation of this chapter for failure to file a return and make payment of taxes due hereunder.
(c) Any claim for credit for income taxes paid to another municipality on the same income taxable hereunder, or any refund due to the credit provided for herein, must be filed with the Administrator on or before December 31 of the year following that for which such credit is claimed.
(d) No reductions to the rate of the municipal income tax credit set forth in division (b) of this section shall be made unless a majority of the electors of the City voting on the question vote in favor of such reduction.
(Ord. 1988-147. Passed 7-18-88; Ord. 06-107. Passed 9-5-06; Ord. 09-81. Passed 7-21-09.)