Skip to code content (skip section selection)
Any manufacturing, retailing, wholesaling, public service, contracting or service business taxable under Sections 757.04, 757.05, 757.06, 757.07 or 757.09 located in the City by means of annexation subsequent to the effective date of this section, shall be eligible for a business and occupation tax credit at the rate of fifty percent (50%) for the three years immediately following the date of annexation. Eligibility for tax credit expires three years following the date of annexation. Businesses existing on the date of annexation will be eligible for the tax credit.
(Ord. 2000-3. Passed 2-7-00.)