181.012 PURPOSES OF TAX; RATE.
   (A)    There shall be, and is hereby, levied a tax on qualifying wages, commissions and other compensation, and on net profits and other taxable income as hereinafter provided to provide funds subject to provisions of Section 181.013:
      1.    For purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements of the City, an annual tax, shall be, and is hereby, levied on and after January 1, 1971, at the rate of one-half of one percent (.5%).
(Ord. 1970-100. Passed 10-14-70); and
      2.    For purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements of the City, an annual tax, shall be, and is hereby, levied on and after May 1, 1977, at an additional rate of one-half of one percent (.5%).
(Ord. 1972-30. Passed 4-11-72; Ord. 1976-110. Passed 9-14-76); and
      3.    For the purpose of compensating employees of the Police and Fire forces of the City and for no other purpose whatsoever, an annual tax, shall be, and is hereby, levied on and after January 1, 1988, at an additional rate of four-tenths of one percent (.4%).
(Ord. 1987-84. Passed 12-8-87.); and
      4.    For the purpose of the operation of the Police and Fire forces of the City and for no other purpose whatsoever, an annual tax, shall be, and is hereby, levied on and after January 1, 2012, an additional rate of six-tenths of one percent (.6%).
(Ord. #2011-61. Passed 12-27-11.); and
      5.    For the purpose of general municipal operations of the City, an annual tax, shall be, and is hereby, levied on and after January 1, 2016, an additional amount of five-tenths of one percent (.5%).
(Ord. #2015-47. Passed 07-13-15.)
   (B)    Said income tax shall be levied on the net profits of all businesses, professions or other activities conducted by residents of the City of Portsmouth, on the net profits of all businesses, professions or other activities conducted in the City of Portsmouth by non-residents; on the net profits of all corporations as a result of work done or services performed or rendered in the City of Portsmouth; on all salaries, wages, commissions, and other personal service compensation earned by residents of the City of Portsmouth, on all salaries, wages, commissions and other personal service compensation earned by non-residents of the City of Portsmouth for work done or services performed or rendered in the City of Portsmouth.
   (C)    The Department of Finance under the City Auditor's supervision shall administer and collect the income tax under rules and regulations adopted by a Policy Committee consisting of the City Solicitor, City Auditor and City Manager.
(Ord. 2015-90. Passed 12-14-15.)