(A) There shall be excepted and deducted from the total gross income upon which the license fee or tax is computed so much thereof as is derived from transactions in interstate or foreign commerce; or from business done for the government of the United States, its officers or agents and any amount paid by the taxpayer to the United States, the State of Oregon or the City of Union, Oregon, as excise taxes levied or imposed upon the sale or distribution of property or service.
(B) There shall be excepted and deducted from the total gross income upon which the license fee or tax is computed, all bad debts for services incurred, rendered or charged for during the tax year, or for a preceding tax year if the charge-off is made in the current tax year. Debts shall be deemed bad and uncollectible when the same have been written off the books of the taxpayer. In the event debts are subsequently collected, the income shall be reported in the return for the tax year in which the debts are collected and at the rate prevailing in the tax year when collected.
(C) There shall be excepted and deducted from the total gross income upon which the license fee or tax is computed, all cash discounts allowed and actually granted to customers of the taxpayer during the tax year.
(D) Nothing in this subchapter shall be construed as requiring a license or the payment of a license fee or tax, or the doing of any act which would constitute an unlawful burden or interference in violation of the constitution or laws of the United States, or which would not be consistent with the constitution or laws of the State of Oregon.
(E) Any person subject to the payment of a license fee or tax under the provisions of any ordinance of the City of Union, Oregon, other than this, on account of engaging in any activity for which he or she is liable to tax here imposed by this subchapter on account of the activity, shall nevertheless, in the manner herein provided for, apply for and procure an "occupational license".
(Ord. 247, passed 12-3-1956)