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2:03
<br />2:06
<br />2:07
<br />3:01
<br /> under the Ordinance a tax on all salaries, wages, commissions and other entity even though these persons have no other taxable inwme.
<br /> compensation earned and received or earned and accmed on and after the
<br /> effective date of the Ordinance For work done or services rendered or perfoaned E. In the case of an individual who is a resident, partner or owner of a resident
<br /> within this municipality, whether such compensation or remunemfion is received or utilncorpomted entity, there is imposed an annual tax on such individual's
<br /> earned directly or through an agent and whether paid in cash or in property. The disribu[ve share of net profits earned and received or earned and accmed, not
<br /> location of the place from which payment is made or where payment is received taxed against the entity by this municipality.
<br /> is immatecal.
<br /> 2:04 Non-resident Unincoparated Businesses
<br /> The items subject to tax under the Rate and Income Taxable Secfion of the
<br /> Ordinance aze the same as those listed and defined W Secfion 2:O1.B. hereof. For A. )n the case of non-resident unincorporated businesses, professions, enterprises,
<br /> the methods of computing the extent of such work or services performed within a undertakings or other activities conducted, operated, engaged in, prosecuted or
<br /> faxing community in cases involving compensation for personal services partly cartied on in this municipality, there is imposed an annual tax on the net profits
<br /> within and paNy without this munieioahty, see Secfion 6:02.E hereof. earned and received or earned and accmed during the effective period of the
<br /> Ordinance determined by a method of allocation N Chapter 3:00 hereof, derived
<br />Resi dent Unincorporated Businesses from sales made, work done or services performed or rendered and business or
<br /> other activities conducted in this municipality.
<br />A. Tn the case of resident unincorporated businesses, professions, emecprises,
<br /> undertakings or other activities conducted, operated, engaged m, prosecuted or B. The tax imposed onnon-resident unincorporated entries is upon the enfifies rather
<br /> tamed on in this municipality, there is imposed an annual tax on the net profits than dre individual members or owners thereof. (For fax on that part of a resident
<br /> earned and received or earned and accmed during the effective period of the owners distributive share of net profits not taxed against the entity, see Section
<br /> Ordinance, detemrined by a method of allocation provided in Chapter 3:00 hereof, 2:04.D hereof)
<br /> derived from sales made, work done or services performed or rendered and
<br /> business or other activities conducted in this municipality. C. The tax imposed by dte Ordinance is imposed on all non-resident unincorporated
<br /> entities having net profits atmbutable m this municipality determined by a method
<br />B. The fax imposed on resident unvrcorlwmted entities is upon the entities rather than of allocation provided in Chapter 3:00 hereof, regardless of where the owner or
<br /> the individual members or owners thereof. (For tax on that part of a resident owners of such non-resident unincorporated business reside.
<br /> owners distributive share of net profits not taxed against the entity by this .
<br /> municipality, see Section 2:03.E hereof.) D. ht the case of an individual who is a resident, patfier or owner of anon-resident
<br /> unincorporated entity, there is imposed an annual fax on such individual's
<br />C. The tax imposed by the Ordinance of ttvs municipality is imposed on all resident distributive share of net profits earned and ieceived or earned and accmed, and
<br /> rutincorporated enfifies having net profits attributable to this mrmicipalitvdetemruted no[ taxed against the entity by this municipality.
<br /> by a method of allocafion provided in Chapter 3:00 hereof, regazdless of where the
<br /> owner or owners of such resident unincorporated business entity reside. 2:05 Coroomfions
<br />D. Resident unincorporated entities owned by one or more persons, all of whom are A. 1n the case of wrpomtions, whether domestic or foreign and whether or not
<br /> residents of dris municipahty, having all income allocable to this municipality or such wrpomtions have an office or place of business in this municipality, then; is
<br /> having income allocable to other municipalities not levying a similar tax, shall imposed an annual tax on dre net profits earned and received or earned and
<br /> disregard the method of allocation provided for in the Ordinance and pay this accmed during the effective period of the Ordinance deteanined by a method of
<br /> municinalirithe tax on the entire net profits dreteof. allocation provided in Chapter 3:00 hereof, derived from sales made, work done,
<br /> Payment of the fax by the entity on the entire net profits thereof shall constitute services performed or rendered and business or other activities conducted in this
<br /> payment of all ban due this mynitiDalirifrom the owner or members thereof on their municipaliy.
<br /> dismbufive shares of the entity net profits. Separate individual returns and
<br /> Declamriore of Estimated Tax still must he f led by the owners or members of the Pass Throug h Entities
<br /> than the business allocation formula, a statement must accompany the return
<br />B. Pass through Entity means a paMership, S Corporation, Limited Liability explaining the manner in which such allocation is made in sufficient defad fo enable
<br />Company or any other class of entity the income or profits from which are given the Adrninistrator to detemdne whether the net profits attributable to d=s
<br />pass-duough heatment under the Internal Revenue Code. S Corporation means munici are allocated with reasonable accuracy.
<br />a cerpomfion that has made an Elecfion under Subchapter S of Chapter 1 of
<br />Subfi0e A of the Internal Revenue Code for its taxable yeaz. Limited Liability C. If the separate accounting method is used, an adjustment shall be made far the
<br />Company means a Limited Liability company formed under chapter 1705 of the wntribufion made to the production of such income by headquarters activities of
<br />Ohio Revised Code or under the laws of another state. Tn the case of Pass the taxpayer, whether such headquarters is within this municioality
<br />duough Entities, whether domestic or foreign and whether or not such
<br />corporations have an office or place of business in this mvnicipality, there is 3:02 Business Allocation Pementaee Method
<br />imposed an annual tax on the net profits earned and received or earned and
<br />accmed during the effective period of the Ordinance detemrined by a method of A The portion of the entire net profits of a taxpayer to be allocated as having been
<br />allocation provided in Chapter 3:00 hereof, derived firm sales made, work done, delved from within this mwricipaliw, in the absence of actual records thereof, shall
<br />serrices performed or rendered and business or other activities conducted in this be detemrined by multiplying the entire net profits by a business allocation
<br />munici alt percentage to be detemrined by athree-factor formula of property, payroll and
<br /> sales.
<br />Effective Period B. The business allocation percentage shall be detemdned as follows:
<br />A. Said tax shall be levied, collected and paid with inspect to the salaries, wages, 1. Step 1 - Ascertain dre percentage which the average net book value of real
<br />commissions and other compensation, and with respect to the net profits of and tangrble persona] property, including leasehold improvements owned
<br />businesses, professions or other activities earned on and after January 1, 1972. or used in the business and sitirdted within this municipality, is of the
<br /> average net book value of all real and tangible persona] property,
<br />The examples set forth in this Chapter are not all-inclusive. including leasehold improvements owned or used in the business wherever
<br /> situated, during the period coveted by the return. Average net book value
<br /> of property may be computed on a mondily, quarterly, semi-annual or
<br /> annual basis, provided such method is consistently followed each yeaz. The
<br />CHAPTER 3:00 percentage of taxpayer's real and tangible personal properly within dds
<br /> munici i is detemrined by dividing dre average net book value of such
<br />DETERMINATION OF ALLOCATION OF TAX property within this municipality(without deducfion of any encumbrances)
<br />(METHOD OF DETERMINATION by the average net book value of all such property within and withwt this
<br /> municipality In detemrining such percentage, property rented by the
<br /> taxpayer, as well as real and tangtble personal property owned by the
<br />Separate Accounting Method taxpayer, must be considered.
<br />A If the books and records of a taxpayer conducting a business or profession both a. The net book value of mat and tangible personal property rented
<br />within and without the boundaries of this municipality disclose with nxsonable by the taxpayer shall be determined by multiplying gross annual
<br />accuracy that portion of its net profit which is attributable to the business or rents payable by eight (8).
<br />profession wnducted within the boundaries of this municipality, then only suc}i
<br />portion shall be considered as having a taxable sins m this municipality for the b. Grass rent means the actual sum of money or other considerafion
<br />purpose ofmunicipal income taxation. payable, directly or indirectly, by the taxpayer for the use and
<br /> possession of property and includes:
<br />B. ffthe separate accounting method is used as a basis for apnbuling net profits rather
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