Every person engaged in any of the following occupations or businesses in the borough shall pay an annual mercantile license tax for the license year beginning April 1, 1980, and for each license year thereafter, beginning on January 1, at the rate set forth:
(A) Wholesale vendors or dealers in goods, wares and merchandise, at the rate of one mill on each dollar of the volume of the annual gross business transacted by him or her; subject, nevertheless, that a minimum of $10 shall be charged for such license;
(B) Retail vendors, or dealers in goods, wares and merchandise, and all persons engaged in conducting restaurants or other places where food, drink or refreshments are sold, whether or not the same be incidental to some other business or occupation, at the rate of one and one- half mill on each dollar of the volume of the annual gross business transacted by him or her; subject, nevertheless, that a minimum of $10 shall be charged for such license;
(C) Wholesale and retail vendors or dealers in goods, wares and merchandise, at the rate of one mill on each dollar of the volume of the annual gross wholesale business transacted by him or her, and one and one-half mills on each dollar of the volume of the annual gross retail business transacted by him or her; subject, nevertheless, that a minimum of $10 shall be charged for such license; and
(D) The tax imposed by this section shall not apply to the dollar volume of annual business covering the resale of goods, wares or merchandise taken by a dealer as a trade-in or part payment for other goods, wares and merchandise, except to the extent that the resale price exceeds the trade-in allowance.
(2006 Code, § 24-405) (Ord. 12/27/1979D, passed 12-27-1979, § 5; Ord. 90-13, passed 12-20-1990, Art. I; Ord. 91-3, passed 4-1-1991, Art. I; Ord. 93-12, passed 1-3-1994, Art. I; Ord. 95-04, passed 12-28-1995, Art. II) Penalty, see § 36.999