(a) Upon every person engaging or continuing within the town in the business of manufacturing, compounding or preparing for sale, profit or commercial use, either directly or through the activity of others in whole or part, any article, substance, commodity or electric power not produced by public utilities taxable under provisions of this article, the amount of the tax to be equal to the value of the article, substance, commodities or electric power manufactured, compounded or prepared for sale, as shown by the gross proceeds derived from the sale thereof by the manufacturer or person compounding or preparing the same, except as hereinafter provided, multiplied by the rate of one-third of 1%. The measure of this tax is the value of the entire product manufactured, compounded or prepared in the town for sale, profit or commercial use, regardless of the place of sale or the fact that deliveries may be made to points outside the town.
(b) It is further provided, however, that in those instances in which the same person partially manufactures products within the town and partially manufactures such products outside the town, the measure of this tax under this section shall be that proportion of the sale price of the manufactured product that the payroll cost of manufacturing within the town bears to the entire payroll cost of manufacturing the product or, at the option of the taxpayer, the measure of his or her tax under this section shall be the proportion of the sales value of the articles that the cost of operations in the town bears to the full cost of manufacturer of the articles.
(Ord. 1990-05, passed 6-12-1990; Ord. passed 9-8-1992)