(A) To provide funds for the purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements, the Village of Shawnee Hills (hereinafter "Village") levies an annual municipal income tax on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided.
(B) (1) The annual tax is levied at a rate of 2% (two percent). The tax is levied at a uniform rate on all persons residing in or earning or receiving income in Village. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 181.03 of this Chapter and other sections as they may apply.
(2) Intentionally left blank.
(C) The tax on income and the withholding tax established by this Chapter 181.01 to 181.99 are authorized by Article XVIII, Section 3 of the Ohio Constitution. The tax is levied in accordance with, and is intended to be consistent with, the provisions and limitations of Ohio Revised Code 718 (ORC 718). Ordinance 28-2015 does not repeal the existing sections of Chapter 181 for any taxable year prior to 2016, but rather amends Chapter 181 effective January 1, 2016 for tax years beginning on or after January 1, 2016. For municipal taxable years beginning before January 1, 2016, the Village shall continue to administer, audit, and enforce the income tax of the Village under ORC 718 and ordinances and resolutions of the Village as that chapter and those ordinances and resolutions existed before January 1, 2016.
(Ord. 28-2015. Passed 11-9-15.)