(a) When a resident of Willoughby Hills is subject to a municipal income tax in another municipality of the same income taxable under this Chapter, a credit shall be allowed against Willoughby Hills income tax of the amount of net tax for which he is liable under the ordinance of such other municipality but such credit shall not exceed the amount of tax due hereunder, or an amount equal to one and one-half percent (1.50%) of the total taxable income of the taxpayer, whichever amount is the lower. However, a resident of Willoughby Hills shall not be entitled to such credit in the event he fails, neglects or refuses to timely file a return or form as is prescribed by the Administrator and required by this Chapter.
(b) The credit and limits by this Section shall remain in effect until repealed by amendment of this Charter by a vote of the electors of Willoughby Hills.
(Ord. 2010-38. Passed 12-9-10.)