(a) For the purposes specified in Section 191.01 on and after January 1, 1998, an annual tax of one percent (1%) per annum shall be imposed upon the hereinafter specified income. Such income tax shall be imposed upon the following income:
(1) All salaries, wages, commissions, and other compensation including executors, administrators, and guardians fees, lottery winnings, income of a pass-through entity in the hands of the owner of the entity, and nontransferable employee stock options intended as wages, and other income earned on and after January 1, 1998 by residents of the Municipality.
(Ord. 02-37. Passed 8-1-02.)
(Ord. 02-37. Passed 8-1-02.)
(2) All salaries, wages, commissions and other compensation and other income earned including nontransferable employee stock options intended as wages on and after January 1, 1998, by nonresidents of the City for work done or services performed or rendered within the City or work performed outside of this City but directed and controlled from within this City.
(Ord. 01-22. Passed 5-17-01.)
(3) A. The portion attributable to the City on the net profits earned on and after January 1, 1998, of all resident unincorporated business entities or professions or other activities, derived from sales made, work done or other services performed or rendered and business or other activities conducted in the City;
B. The portion of the distributive share of the net profits earned on or after January 1, 1998, of all nonresident unincorporated business entities, professions, or other activities, derived from sales made, work done, services performed or rendered and business and other activities conducted in the City whether or not such unincorporated business entity has an office or place of business in the City;
(4) A. On the portion attributable to the City of the net profits earned on or after January 1, 1998, of all nonresident unincorporated business entities, professions or other activities, derived from sales made, work done, services performed or rendered and business and other activities conducted in the City whether or not such unincorporated,business entity has an office or place of business in the City;
B. On the portion of the distributive share of the net profits earned on or after January l, 1998, of a resident partner or owner of a nonresident unincorporated business entity not attributable to the City and not levied against such unincorporated business entity;
(5) On the portion attributable to the City of the net profits earned on and after January 1, 1998, of all corporations derived from sales made, work done, services performed or rendered and business or other activities conducted in the City, whether or not such corporations have an office or place of business in the City.
(b) Effective Date. The tax shall be levied, collected, and paid with respect to the salaries, wages, commissions, and other compensation, and with respect to the net profits of business, professions, or other activities earned on or after January 1, 1998.
(Ord. 97-60. Passed 11-20-97.)