787.46 MANAGEMENT INFORMATION SERVICES TAXPAYER.

   (a)   Any term used in Sections 787.46 to 787.52 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)   "Management information services" means, and is limited to, data processing, data storage, data recovery and backup, programming recovery and backup, telecommunications, computation and computer processing, computer programming, electronic information, and data management activities, or any combination of such activities, when such activity or activities is not subject to regulation by the West Virginia Public Service Commission and such activity or activities are for the purpose of managing, planning for, organizing or operating, an industrial or commercial business, whether such industrial or commercial business or enterprise, facility or facilities of an industrial or commercial business is located within or without this City and without regard to whether such industrial or commercial business, or enterprise, facility or facilities of an industrial or commercial business is owned by the provider of the management information services or by a "related person", as defined in Section 267(b) of the Internal Revenue Code of 1986, as amended.

(Ord. 10123. Passed 10-20-92.)