§ 14-20. Standards for computing amount of license tax.

The annual receipts, capital, sales, premiums, commissions and earnings herein referred to as a basis for the amount of license tax are those for the year in which the license is granted. The standard for their estimation shall be computed from the amount of sales taxes paid to the state revenue collector in the preceding year if the business has been conducted previously by the same party or by the parties who claim to be successor. However, the estimation of the gross sales, commissions and earnings of businesses begun during the calendar year for which the license tax is to be paid shall be the gross sales, commissions or earnings for the first thirty (30) days of business, as shown by the first monthly state sales tax return of such businesses, multiplied by twelve (12). The same estimate shall be used as a basis for the license tax for the following year if the business has not been conducted for a full calendar year. Any person commencing business after the first of July shall pay but one-half of the amount otherwise due under this article for the calendar year in which such person commenced business.

When any two (2) or more kinds of businesses are combined, except as herein expressly provided for, there shall be a separate license required for each kind of business.

When any firm, company or association shall lease, operate, manage or control the business, franchise or property of other corporations, associations or firms, they shall pay a separate license for each business.

(Ord. No. 412, § 7, 1-19-83; Ord. No. 87-96, § 5, 6-11-87)