Every person engaging in any business in the Borough of White Oak beginning with the tax year 1997, and annually thereafter, shall pay an annual tax at the rate of five mills on ninety percent (90%) of the gross annual receipts thereof. The tax imposed by this article shall apply to a maximum of twelve million dollars ($12,000,000) of annual gross receipts before the computation of ninety percent (90%) is made thereon.
(Ord. 3044. Passed 12-16-96.)
(Ord. 3044. Passed 12-16-96.)