The City hereby imposes an annual mercantile license tax in
the manner and at the rate set forth in this article.
Every person engaging in any of the following occupations or
businesses in the City shall pay an annual mercantile license tax
in the amounts set out in this section.
A. Wholesale vendors or dealers in goods, wares and merchandise shall
each pay at the rate of one mill on each dollar of the volume of the
gross business transacted by him or her in the preceding calendar
year.
B. Retail vendors or dealers in goods, wares and merchandise, all persons
engaged in conducting restaurants or other places where food, drink
or refreshments are sold and all persons conducting places of amusement
shall each pay at the rate of 1 1/2 mills on each dollar of the
volume of the gross business transacted by him or her in the preceding
calendar year.
C. Wholesale and retail vendors or dealers in goods, wares and merchandise
shall each pay at the rate of one mill on each dollar of the volume
of the gross wholesale business transacted by him or her and 1 1/2
mills on each dollar of the retail business transacted by him or her
in the preceding calendar year.
D. The tax imposed by this section shall not apply to the dollar volume
of annual business covering the resale of goods, wares or merchandise
taken by a dealer as a trade-in or as part payment for other goods,
wares and merchandise except to the extent that the resale price exceeds
the trade-in allowance.
At the time of filing the return, the person making the same
shall pay the amount of tax shown as due thereon to the Financial
Officer.
[Amended 4-14-1992 by Ord. No. 1518]
Any person who makes any false or untrue statements on his or
her return or who refuses to permit inspection of the books, records
or accounts of any business in his or her custody or control when
the right to make such inspection by the Financial Officer is requested
and who fails or refuses to file a return required by this article
shall, upon conviction before a District Justice be sentenced to pay,
for each offense, a fine of not more than $600, plus costs of prosecution,
and in default of payment of such fine and costs, to imprisonment
for a period not exceeding 90 days.