§ 7-1004. License tax.

(1)

The required license tax shall be paid for each business subject hereto according to the applicable rate classification as provided in the classification rate schedules on or before April 15 in each year.

(2)

A separate license shall be required for each place of business and for each classification or business conducted at one place. If gross income cannot be separated for classifications at one location, the license tax shall be computed on the combined gross income using the classification requiring the highest rate. A license tax based on gross income shall be computed on the gross income for the preceding calendar year or fiscal year, and on a twelve-month projected income based on the monthly average for a business in operation for less than one year, or during the most recent year that work was performed in the city as determined by the business license administrator, using the classification rate schedules. The tax for a new itinerant business or a new resident business shall be computed on the estimated probable gross income stated in the business license application for the balance of the license year.

The tax for a new resident business during the first year of operation or portion thereof shall be the base tax for the classification for that business as determined by the business license administrator using the classification rate schedules, and thereafter, the tax for a new resident business shall be as follows:

Year of Operation	License Tax
1st renewal of license	40% of applicable tax
2nd renewal of license	60% of applicable tax
3rd and subsequent renewal of license	100% of applicable tax

 

(3)

Unless otherwise specifically provided for in this chapter, itinerant subject to this chapter shall be assessed a business license tax at a rate twice that set forth in the applicable rate classification in the classification rate schedules.

(4)

Itinerant general contractors and itinerant specialty trade contractors shall pay their business license tax on each job during a calendar year based on the construction cost reported on each building/miscellaneous permit.

(5)

Any individual, except farmers, who sell their own produce in its natural state, operating out of the Farmers/Crafts Market is required to have a city business license.

(6)

Itinerant peddlers will pay their business license tax based on estimated gross sales of each visit.

(7)

Notwithstanding any other provision in this chapter, the business license tax for insurance companies and brokers for nonadmitted insurance companies shall be payable on or before April 15 of each year without penalty, commencing April 15, 1997. For preceding years, the tax therefor shall be due and payable pursuant to subsection (a) hereinabove.

(8)

An itinerant operative builder shall purchase a business license based upon the construction cost reported on the building permit. Within thirty (30) days of the parcel having been sold, an add-on license tax must be paid based upon the difference in the reported construction cost and the actual selling price.

(9)

An itinerant real estate developer shall purchase a business license at the base tax rate upon issuance of the permit for land work, such as site clearing. Within thirty (30) days of the sale of each lot or lot and building an add-on license tax must be paid based on the actual selling price.

(10)

No refund shall be made for a business that is discontinued.

(11)

A one and one-half (1.5) percent discount on the business license tax currently due (not including penalties or late payments) shall apply to any business that pays its business license tax in full by March 15.

(12)

A one and one-half (1.5) percent discount on the business license tax currently due (not including penalties or late payments) shall apply to a resident business that has been in operation in the city under the same name and ownership for five (5) or more years.

(Ord. No. O-11-13, 4-9-13; Ord. of 12-20-16, § 1)