(A) Where a resident of the city is subject to a municipal income tax in another municipality they shall not pay a total municipal income tax on the same income greater than the tax imposed at the highest rate to which they are subject.
(B) Every individual taxpayer who resides in the city who receives net profits, salaries, wages, commissions or other personal service compensation for work done or services performed or rendered outside the city, if they have paid a municipal income tax on the same income taxable under this subchapter to another municipality, shall be allowed a credit against the tax imposed by this subchapter of the amount so paid by them or on their behalf to such other municipality. The credit shall not exceed the tax assessed by this subchapter on such income earned in such other municipality or municipalities where such tax is paid. If a taxpayer receives a refund from another municipality, the credit allowed by Tipp City must be reduced proportionately.
(C) A claim for refund or credit under this section shall be made in such manner as the Administrator may by regulation provide.
(Ord. 4-13, passed 2-4-2013)