[Adopted 1-11-1982]
[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.