An annual tax for the purposes specified in Section 193.0101 shall be imposed on and after January 1, 1987, at the rate of two percent (2%) per year upon the following:
(Ord. 1986-33. Approved by voters 11-4-86.)
(a) On all salaries, wages and commissions earned on or after January 1, 1987, and upon lottery winnings and other gambling winnings and other compensation earned on or after February 15, 2004 by residents of the City. Lottery and gambling losses are deductible against lottery and gambling winnings as determined by the Internal Revenue Service Code.
(Ord. 2004-11. Passed 2-9-04.)
(b) On all salaries, wages, commissions and other compensation earned on and after January 1, 1987, by nonresidents of the City for work done or services performed or rendered within the City.
(c) (1) On the portion attributable to the City of the net profits earned on and after January 1, 1987, of all resident unincorporated business entities or professions or other activities, derived from sales made, work done, services performed or rendered and business or other activities conducted in the City.
(2) On the portion of the distributive share of the net profits earned on and after January 1, 1987, of a resident partner or owner of a resident unincorporated business entity not attributable to the City and not levied against such unincorporated business entity.
(d) (1) On the portion attributable to the City of the net profits earned on or after January 1, 1987, of all nonresident unincorporated business entities, professions or other activities, derived from sales made, work done, services performed or rendered and business and other activities conducted in the City, whether or not such unincorporated business entity has an office or place of business in the City.
(2) On the portion of the distributive share of the net profits earned on or after January 1, 1987, of a resident partner or owner of a nonresident unincorporated business entity not attributable to the City and not levied against such unincorporated business entity.
(e) On the portion attributable to the City of the net profits earned on and after January 1, 1987, of all corporations derived from sales made, work done, services performed or rendered and business or other activities conducted in the City, whether or not such corporations have an office or place of business in the City.
(Ord. 1986-33. Approved by voters 11-4-86.)
(Ord. 1986-33. Approved by voters 11-4-86.)
(f) EDITOR'S NOTE: Pursuant to an affirmative vote of the electors of the City on November 4, 2004, the City shall continue to tax an S corporation shareholder's distributive share of net profits of the S corporation to the same extent that was currently permitted by the City of Wickliffe Municipal Income Tax Ordinance.