(a) General Purpose Resident Tax. The taxing authority hereby imposes a tax for general revenue purposes at the rate of one percent (1%) under Act 511 on earned income and net profits earned by residents of the Municipality.
(1) Municipal Pension Plan Funding Standard and Recovery Act Tax. In addition to the general purpose resident tax levied for general revenue purposes, the taxing authority hereby imposes a special tax for the purpose of raising revenue to defray costs related to the pension plans of the City of York under 53 P.S. §895.101 et seq. at the rate of 0.25% on earned income and net profits of individual residents of the taxing authority.
(b) General Purpose Nonresident Tax. The taxing authority hereby imposes a tax for general revenue purposes at the rate of one percent (1%) under Act 511 on earned income and net profits earned by nonresidents from any work, business, profession, or activity of any kind engaged in within the boundaries of the taxing authority, exclusive of domestic servants and Maryland residents.
(1) Municipal Pension Plan Funding Standard and Recovery Act Tax. In addition to the general purpose nonresident tax levied for general revenue purposes, the taxing authority hereby imposes a special tax for the purpose of raising revenue to defray costs related to the pension plans of the City of York under 53 P.S. §895.101 et seq. at the rate of 0.25% on earned income and net profits of an individual who is not a resident of the taxing authority from any work, business, profession, or activity, of any kind engaged in within the boundaries of the taxing authority.
(Ord. 5-2016. Passed 4-19-16.)
(c) The earned income and net profits tax levied under this Article shall be applicable to earned income received and to net profits earned during the period beginning January 1 of the current year and ending December 31 of the current year or for taxpayer fiscal years beginning in the current year. The earned income and net profits tax shall continue in force on a calendar year or taxpayer fiscal year basis without the need for annual enactment or re-enactment, unless the rate of the tax is subsequently changed. For a taxpayer whose fiscal year is not a calendar year, the Tax Officer shall establish deadlines for filing, reporting and payment of taxes which provide time periods equivalent to those provided for a calendar year taxpayer. (Ord. 41-2011. Passed 12-20-11.)