31-15 Municipal Income Tax - Laserfiche WebLink

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taxpayer in more than one year, the deduction applies only in the fast year in which the income is received. (b) On all income, salaries, qualifying wages, commissions and other compen- sation earned and/or received on and after January 1, 1981, by nonresidents of the City for work done or services performed or rendered within the City. Sepa- ration pay, termination pay, reduction -in- force pay, and other compensation paid as a result of an employee leaving the service of an employer shall be allo- cable only to the city. (1) Lakewood shall not, however, tax the compensation of a non - resident indi- vidual who will be deemed to be an occasional entrant if all of the following ap- ply: A. The compensation is paid for personal services performed by the individual in the City on twelve or fewer days during the calendar year, in which case the individual shall be considered an occasional entrant for purposes of the City in- come tax. A day is a full day or any fiactional part of a day. B. In the case of an individual who is an employee, the principal place of busi- ness of the individual's employer is located outside the City and the individual pays tax on compensation described in Section 1 28.OSO1(b) to the municipali- ty, if any, in which the employer's principal place of business is located, and no portion of that tax is refunded to the individual. C. The individual is not a professional entertainer or professional athlete, the promoter of a professional entertahunent or sports event, or an employee of such a promoter, all as may be reasonably defined by the City. (2) Beginning with the thirteenth day an individual deemed to have been an oc- casional entrant to the City performs services within the City, the employer of said individual shall begin withholding the City income tax from remuneration paid by the employer to the individual, and shall remit the withheld income tax to the City in accordance with the requirements of this chapter. Since the individual can no longer be considered to have been an occasional en- trant, the employer is further required to remit taxes on income earned in the City by the individual for the first twelve days. (3) If the individual is self - employed, it shall be the responsibility of the hrdi- vidual to remit the appropriate income tax to the City. (c) (1) On the portion attributable to the City on the net profits earned on and after January 1, 1981, of all resident unincorporated business entities or profes- sions or other activities, derived from sales made, work done, services per- formed or rendered and business or other activities conducted in the City. (2) On the portion of the distributive share of the net profits earned or received on and after January 1, 1981, of a resident partner or owner of a resident unin- corporated business entity not attributable to the City and not levied against such unincorporated business entity by the City. The tax imposed on the individual members or owners of a resident unincorporated business entity shall be collect- ed by the resident unincorporated business entity, and remitted on behalf of the individual members or owners. (d) (1) On the portion attributable to the City of the net profits earned on or af- ter January 1, 1981, of all nonresident unincorporated business entities, profes- sions or other activities, derived from sales made, work done, services per- formed or rendered and business and other activities conducted in the City, whether or not such unincorporated business entity has an office or place of business in the City. (2) On the portion of the distributive share of the net profits earned or received on or after January 1, 1981, of a resident partner or owner of a nonresident unin- corporated business entity not attributable to the City and not levied against such unincorporated business entity by the City. (e) Effective for tax years 2004 and later, the distributive share of income paid to an C corporation shareholder shall be taxable in the following manner: