The provisions of this chapter shall not apply to the following:
(A) Public service corporations that pay an ad valorem tax on property valued and assessed by the Kentucky Department of Revenue pursuant to the provisions of KRS 136.120. Business entities whose business is predominantly non-public sendee and the public service business is merely incidental to the principal business, are required to pay a license tax on their net profit derived from the non-public service activities.
(B) Any bank, trust company, combined bank and trust company or combined trust, banking and title business in this state, any savings and loan association whether state or federally chartered.
(C) Any company providing multichannel video programming services or communications services as defined in KRS 136.602. If only a portion of an entity's business is providing multichannel video programming services or communications services, including products or services that are related to and provided in support of the multichannel video programming services or communications services, this exclusion applies only to that portion of the business that provides multichannel video programming services or communications services including products or services that are related to and provided in support of the multichannel video programming services or communications services.
(D) Any profits, earnings, or distributions of an investment fund which would qualify under KRS 154.20-250 to 154.20-284 to the extent any profits, earnings, or distributions would not be taxable to an individual investor.
(E) Any income or compensation received by precinct workers for election training or work at election booths in state, county and local primary, regular or special elections.
(F) Any income or compensation received by members of the Kentucky National Guard for active duty training, unit training assemblies and annual field training.
(G) Insurance companies who pay a license tax based on premiums under KRS 91A.080.
(H) Persons or business entities that have been issued a license from the city to engage in the manufacturing or trafficking in alcoholic beverages may exclude the portion of their net profits derived from the manufacturing or trafficking in alcoholic beverages.
(I) A sale of used goods (such as a yard sale) conducted or participated in by the resident of the residential property on which the sale takes place shall not be considered a business for purposes of this chapter unless such sales are conducted for more than three consecutive days or for more than four times a year.
(J) Payments received by an individual on account of that individual's old age or retirement benefits, disability, sickness, accident, death, unemployment, workers compensation, personal injury, or property loss.
(K) Isolated and infrequent business within the city, where, in the city's determination, the cost of administration make collection difficult and cost prohibitive. The following factors shall be weighed by the city in making this determination:
(1) The frequency and dollar amount of the business activity conducted in the city;
(2) Whether the business conducted within the city is essential, or merely incidental, to the overall business transaction;
(3) Has the person solicited for business in the city through advertisements, flyers, mailings, calls, or other actions that show an intent to engage in business within the city;
(4) Does the business own, rent or use a physical location for a business purpose in the city;
(5) Whether the business conducted within the city is of a character which can reasonably be segregated and calculated.
(L) Exemptions from taxation are generally disfavored and therefore the burden of proving entitlement to an exemption is on the party claiming an exemption to demonstrate his/her/its entitlement to the exemption. Such claim must be made in writing, within 90 days from notice or demand from the city to pay or file under this chapter.
(Am. Ord. 18-10, passed 11-27-18)