787.26 INDUSTRIAL TAXPAYER.

   (a)   Any term used in Sections 787.26 through 787.29 shall have the same meaning as when used in comparable context in Section 787.01 et seq., unless a different meaning is clearly required by the context or by definition in this section.

   (b)   "Industrial taxpayer" means any person liable for tax under this article exercising any of the following privileges:

      (1)   Any privilege taxable under Section 787.03(b);

      (2)   Any privilege taxable under Section 787.03(f);

provided that such privilege is manufactured for another, which privilege would be taxable under Section 787.03(b) if title to the raw materials involved in the manufacturing process were vested in the taxpayer exercising the privilege taxable under Section 787.03(f).
(Ord. 5522. Passed 6-11-74.)