Every individual taxpayer who resides in the City but who received net profits, salaries, wages, commissions or other compensation for work done or service performed or rendered outside the City, if it is made to appear that he has paid a municipal income tax, an income tax levied by a joint economic development zone board of directors, or excise tax based on income, on such net profits, salaries, wages, commissions or other compensation in another municipality or joint economic development zone, shall be allowed a credit for the amount so paid by him or in his behalf in such other municipality or joint economic development zone, this credit to be applied to the extent of one-hundred percent (100%) of the tax levied by this chapter, by reason of such net profits, salaries, wages, commissions or other compensation earned in such other municipality or joint economic development zone where such tax is paid.
(Ord. 01-71. Passed 11-27-01; Ord. 08-13. Passed 6-17-08; Ord. 2012-46. Passed 1-15-13.)