(A) A tax is imposed on all persons engaged in the business of renting or leasing tangible personal property to users thereof, at the rate of 0.5% of the gross receipts from renting or leasing when made in the course of business.
(B) Every person engaged in this business in the unincorporated areas of the county, shall file a return with the State Department of Revenue in the manner required by § 5 of the Leasing Occupation Tax Act adopted by the Seventy-Fourth General Assembly.
(C) At the time the return is filed, there shall be paid to the State Department of Revenue the amount of tax imposed under division (A) above, based on receipts from renting or leasing tangible personal property during the preceding month.
(1980 Code, § 111.01) (1965 pp. 642-643, adopted 9-14-1965) (Sup. Rec. Bk. 237, p. 33)