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• AN ORDINANCE
<br />AMENDING AND REORDAINING SECTIONS 14-2 and 14-16 OF CHAPTER 14,
<br />SECTION 30-34 OF ARTICLE II, AND SECTIONS 30-146,30-148,30-151, AND 30-152
<br />OF ARTICLE V OF CHAPTER 30,
<br />OF THE CHARLOTTESVILLE CITY CODE, 1990, AS AMENDED,
<br />RELATED TO AMENDMENTS TO BUSINESS LICENSE TAXATION.
<br />BE IT ORDAINED by the Council of the City of Charlottesville, Virginia, that Sections
<br />14-2 and 14-16 of Chapter 14, Section 30-34 of Article II, and Sections 30-146, 30-148, 30-151
<br />and 30-152 of Article V of Chapter 30, all of the Code of the City of Charlottesville, 1990, as
<br />amended, are hereby amended and reordained as follows:
<br />CHAPTER 14. LICENSES
<br />Section 14-2. Definitions.
<br />Gross receipts shall mean the whole, entire, total receipts, without deduction. Gross
<br />receipts shall not include any amount not derived from the exercise of the licensed privilege to
<br />• engage in a business or profession in the ordinary course of business. Gross receipts shall include
<br />all income from any business, profession, trade, occupation, vocation, calling or activity,
<br />including cash, credits, fees, commissions, brokerage charges and rentals, and property of any
<br />kind, nature or description, from either sales made or services rendered without any deductions
<br />therefrom on account of cost of the property sold, the cost of materials, labor or service or other
<br />costs, or any expense whatsoever; provided, the term "gross receipts" with respect to
<br />manufacturers and wholesale merchants manufacturing or dealing in articles upon which there is
<br />levied a direct excise tax by the United States shall not include such excise tax payments to the
<br />United States Government. The term "gross receipts" when used in connection with or in respect
<br />to, financial transactions involving the sale of notes, stocks, bonds or other securities, or the loan,
<br />collection or advance of money, or the discounting of notes, bills or other evidences of debt, shall
<br />be deemed to mean the gross interest, gross discount, gross commission or other gross receipts
<br />earned by means of, or resulting from, such financial transactions, but the term "gross receipts'
<br />shall not include amounts received as payment of debts.
<br />The term "gross receipts" shall include the gross receipts from all sales made from a place of
<br />business within the city, both to persons within the city and to persons outside the city.
<br />The following items are excluded from gross receipts:
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