[Amended 12-12-1994]
For each year beginning on the first day of
January 1982, and continuing each and every year thereafter, there
is hereby levied upon any telephone or telegraph company, in accord
with the provisions of Article 2, Chapter 26, Title 58.1, Code of
Virginia 1950, as amended, and upon every corporation providing heat,
light and power within the County, pursuant to the provisions of Article
2, Chapter 26, Title 58.1, Code of Virginia 1950, as amended, for
the privilege of doing business within the County of Page, Virginia,
a license tax equal to 1/2 of 1% of the gross receipts of such business
accruing to such company or corporation from such business in the
County.
The following provisions shall be applicable
to the hereinabove described tax:
A. Gross receipts of any such corporation or company
shall be ascertained as of the 31st day of December of each year,
and the tax for the current calendar year shall be based on receipts
for the preceding calendar year.
B. The license tax hereinabove levied shall be assessed
on the first day of January of each calendar year.
C. The license tax assessed shall be due and payable
to the Treasurer of the County of Page on or before the first day
of July following the date on which the taxes are assessed.
D. Any company or corporation failing to pay the tax
into the County treasury on or before the first day of July shall
incur a penalty thereon of 5%, which shall be added to the amount
of taxes due from such company or corporation.
E. In addition to the penalty hereinabove stated, interest
at the rate of 10% per annum from the second day of July of the year
in which said taxes are due shall be collected upon the principal
and penalties of any such taxes then remaining unpaid.
F. This article shall be effective for the tax year beginning
January 1, 1982, and for each tax year thereafter.