2002_Ordinances - Laserfiche WebLink

Home Browse Search

deemed to mean the gross interest, gross discount, gross commission or other gross receipts • earned by means of, or resulting from, such financial transactions, but the term "gross receipts" shall not include amounts received as payment of debts. • 0 The term "gross receipts" shall include the gross receipts from all sales made from a place of business within the city, both to persons within the city and to persons outside the city. The following items are excluded from gross receipts: (10) Any receipts attributable to business conducted in another state or foreign country in which the taxpayer (or its shareholders, partners or members, in lieu of the taxpayer) is liable for an income or other tax based upon income. Section 14-4. Exceptions. (a) No license issuance fee or license tax shall be imposed or levied:.... (8) On to "Common expen Code §55-79.41. Sec. 14-6. Appeals and rulings. condominium unit owners for common same meanings as set (a) Any person assessed with a license tax as a result of an aud+t an appealable event, as defined in City Code section 14-2, may apply to the Commissioner of Revenue for a correction of the assessment within one year from the last day of the tax year for which such assessment is made, or within one year from the date of the appealable event, whichever is later The application must be filed in good faith and sufficiently identify the taxpayer, the tax periods covered by the challenged assessments, awdi4 prrigd, remedy sought, each alleged error in the assessment, the grounds upon which the taxpayer relies, and any other facts relevant to the taxpayer's contention. The Commissioner of Revenue may hold a conference with the taxpayer if requested by the taxpayer, or require submission of additional information and documents, an audit or a further audit, or other evidence deemed necessary for a proper and equitable determination of the application. The assessment shall be deemed prima facie correct. The Commissioner of Revenue shall undertake a full review of the taxpayer's claims and issue a determination to the taxpayer setting forth its position. Every assessment pursuant to an audit appealable event shall be accompanied by a written explanation of the taxpayer's right to seek