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<br />. ) <br />;} ~~ ~.?~i <br /> <br />TUESDAY <br /> <br />DECEMBER 14, 1982 <br /> <br />and by Commissioner of the Revenue J. Ronnie Minter, concerning salient features of the <br /> <br />proposed ordinance, summarized as follows: <br /> <br />Mr. Edmonds <br /> <br />A. The proposed ordinance has been prepared to comply with <br />Section 58-266.1 of the State Code, as amended; <br /> <br />B. The tax rates proposed reflect a mandated roll-back in <br />some categories as well as an increase in certain other <br />categories (the latter as permitted by the statutes) to <br />lessen the adverse impact upon the City's revenue from <br />this source; <br /> <br />C. To comply further with the State statutes, proposed <br />Section 1 of Article II should be changed to specify a <br />tax rate on wholesale merchants of five cents (5~) per <br />one hundred dollars of purchases; <br /> <br />D. There has developed an issue, which needs to be resolved, <br />concerning the licensing aud taxing of certain home <br />occupations; and <br /> <br />E. There is a need to decide what action, if any, is to be <br />taken with regard to licenses and tax rates applicable <br />to the alcoholic beverage section of the proposed <br />ordinance, effective January 1, 1983. <br /> <br />Mr. Minter <br /> <br />A. If Council has unresolved concerns about the proposed <br />ordinance, postpone action so long as action is taken <br />before May 1, 1983 (the beginning of the City's license <br />tax year), except for the alcoholic beverage section, <br />under which--as in the City's current license tax ordinance-- <br />the license tax year begins January 1st; <br /> <br />B. The proposed section pertaining to commission merchants <br />is not new but heretofore has never been applied to <br />certain home occupations; and <br /> <br />C. A commission merchant may be classified as a wholesaler <br />or a retailer or a person subject to tax on commission <br />income. <br /> <br />In addition, Mr. Minter presented a chart comparing current license tax rates with State- <br /> <br />mandated license tax rates and, also, informed Council that of some 1,200 licensees some <br /> <br />700 would fall in the roll-back category. Following these comments, the following persons <br /> <br />expressed their concerns with, and opposition to, the commission merchants-home occupations <br />