(A) (1) Except as provided in division (B) below, every person or business entity engaged in any business for profit and any person or business entity that is required to make a filing with the Internal Revenue Service or the Commonwealth Revenue Cabinet shall be required to file and pay to the city an occupational license tax for the privilege of engaging in such activities within the city.
(2) The occupational license tax shall be measured by 1.5% of:
(a) All wages and compensation paid or payable in the city for work done or services performed or rendered in the city by every resident and nonresident who is an employee;
(b) The net profit from business conducted in the city by a resident or nonresident business entity; and
(c) Also, there is an annual minimum payment of $30 for each year.
(B) The occupational license tax imposed in this section shall not apply to the following:
(1) Any exemption provided by the Kentucky Revised Statutes; and
(2) The occasional, casual sale by county residents of vegetables and produce grown in the county.
(Ord. 745-08, passed 6-9-2008) Penalty, see § 110.99