There shall be imposed on every business in the municipality
a gross receipts tax as established by the town council and as amended
from time to time.
This section adopts by reference the same definitions and the
same provisions relating to exemptions and deductions as are contained
in the Gross Receipts and Compensating Tax Act, currently in effect
and as it may be amended from time to time.
(1981 Code, sec. 19-16; Ordinance 97-33, sec. 1, adopted 1997; amended per letter from town 4/8/98)
