There shall be an exemption in every case of twenty-five dollars ($25.00) in the amount of tax computed under the provisions of this article. A person exercising a privilege taxable hereunder for a fractional part of a tax year shall be entitled to an exemption of the sum bearing the proportion to twenty-five dollars ($25.00) that the period of time the privilege is exercised bears to a whole year. Only one exemption shall be allowed to any one person, whether he exercises one or more privileges taxable under this article.
The provisions of this article shall not apply to:
(a) Insurance companies which pay the State a tax upon premiums, provided, that such exemption shall not extend to that part of the gross income of insurance companies which is received for the use of real property, other than property in which any such company maintains its office or offices, in this City, whether such income is in the form of rentals or royalties;
(b) Non-profit cemetery companies organized and operated for the exclusive benefit of their members; and
(c) Fraternal societies, organizations and associations organized and operated for the exclusive benefit of their members and not for profit, provided, however that such exemption shall not extend to that part of the gross income arising from the sale of alcoholic liquor, food and related services, of such fraternal societies, organizations and associations which are a person taxable under the provisions of this article.
(Ord. 77-30. Passed 12-19-77 )