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--167 <br /> <br />deposit to be applied as a credit, or to be taken as a refund in <br />the same manner as is set forth in Section 117, subsection (c). <br /> <br /> (b) All new businesses located elsewhere, but transacting and <br />carrying on business in the city for whom gross receipts are made <br />the basis for fixing the amount of such license, shall have the <br />option of basing their tax upon attributable gross receipts in a <br />manner similar to that of all other similarly classified <br />businesses for whom gross receipts are made the basis for fixing <br />the amount of their license, or paying an annual flat rate fee of <br />two hundred dollars ($200.00). Except, however, that where the <br />applicant elects to choose attributable gross receipts as the <br />basis for fixing the amount of applicant's fee, an annual <br />deposit of two hundred dollars ($200.00) shall be required to <br />offset any tax due should applicant cease business before the <br />expiration of the license term. Provided further, that all such <br />new businesses howsoever they elect, shall pay in advance an <br />amount equal to one-quarter (1/4) of the annual amount therefor <br />for each quarter and fraction of a quarter remaining during the <br />period for which the new license is issued. Said deposit to be <br />applied as a credit, or to be taken as a refund in the same <br />manner as is set forth in Section 21-117, subsection (c). <br /> <br /> (c) Unless an adjustment of exemption is obtained pursuant to <br />this chapter, the minimum tax pursuant to this section shall be <br />ten dollars ($10.00) per year. <br /> <br />Sec. 21-119. Gross receipts tax rates. <br /> <br /> Gross receipts tax rates for the different classifications are <br />as follows: <br /> <br /> (!) Classification "A" - Ail businesses for which no tax is <br /> specified elsewhere in this article, including, but not <br /> limited to: retail businesses and sales at retail, services <br /> (including real estate brokers, real estate developers, <br /> insurance brokers, life and disability insurance analysts, <br /> stock and bond brokers, commission agents, brokers or <br /> merchants, building and loans, and recreational services), <br /> rental of nonresidential real estate, hotels, motels, <br /> theaters, and food establishments: <br /> <br /> Annually, a basic rate of $60.00, plus <br /> <br /> $0.50 per $1,000.00 to . $ 100,000.00 <br /> 0.30 per $1,000.00 to . $ 500,000.00 <br /> 0.20 per $1,000.00 to · $ 1,000,000.00 <br /> 0.15 per $1,000.00 over . $ 1,000,000.00 <br /> <br /> (2) Classification "B" - Manufacturing, processing, wholesale <br /> businesses and sales at wholesale, sales of gasoline and <br /> motor fuels, and telephone services: <br /> <br />- 67 - <br /> <br /> <br />