Upon any person engaging or continuing within this City, in any public service or utility business, there is hereby levied and shall be collected taxes as follows:
(a) Electric light and power companies, two and four-tenths percent (2.40%) on sales and demand charges for domestic purposes and commercial lighting and two and four-fifths percent (2.80%) on sales and demand charges for all other purposes;
(6-1-04)
(b) Natural gas companies, one and four-fifths percent (1.80%) on the gross income, such gross income for this purpose to be determined by deducting from gross income from all sales of gas to consumers the amount of tax paid by the taxpayer, under Section 727.09 on the production of the same gas.
(c) Upon all other public service or utility business, the tax is one and one-fifth percent (1.20%).
The measure of this tax shall not include gross income derived from commerce between this State and other states of the United States or between this State and foreign countries. The measure of the tax under this section shall include only gross income received from the supplying of public services. The gross income of the taxpayer from any other activity shall be included in the measure of the tax imposed upon the appropriate section or sections of this article.
(3-2-04)