THE LAKEWOOD CITY COUNCIL CHAMBERS OCTOBER 18 2010 ...

128 0306 CORPORATION
COryoration means a mrpoation orjoint stock association or9anizetl
under the laws of Ne United States the State of Ohio Or any ocher state
tenitory orforeign rountry or dependency but does not include Subchapter S
Corporations
128 0307 EMPLOYEE
Employee means onewho works forwages salary
type ofwmpensation intheserviceofan employer
commission orother
128 0308 EMPLOYER
Employer means an individual partnership association corporation
govemmentbedy amt or agency or any other entity whetherornot or9anize
for proft who of Nat employs one or more persons on a salary wage
commission oroNer basis ofcompenutien
128 0309 FISCALYEAR
Fiscal year means an amounting period of twelvemonths or lessending
onany day other Nan December31 128 03091 FUNDAMENTAL CHANGE
Funtlamental change means any substantial alteration by an employer
indudinq liquidations dissoluCion bankruptcy reorganizations such as merger
consolidation acgmsition transferorchange m tlentity form ororganization
128 0310 GROSS RECEIPTS
Gross receipts means thetotal income from any source whatever
128 03101 MANAGER
Manager means any of Ne employer sofficers responsible persons
employees having control or supervision and employees charr9getl wiN the
responsibility offiling Ne return paying taxes and oNenmse comprying wiN Ne
provisions ofthis chapter
128 0311 NET PROFITS
Net profts means a net gain from Ne operation of a business
profession enterpnse or other activity after provision for all ordinary antl
necessary ex enses eiNer paid or accrued in acmMance wiN the aaounting
system used uy Ne taxpayer forfederal income tax purposes without deduction
o taxes imposed by this chapter fedeal state antl other taxes based on
income and inNe case ofan assouaton wilhouideduction of salaries paid to
partnersand otherowners
128 0312 NONRESIDENT
Nonresident means an individual tlomiciled outside Ne City of
Lakewood
128 0313 NONRESIDENT UNINCORPORATED BUSINESS
ENTTTY
Nonresident unincorpoa edbusiness entity means an uninmrpoated
business entity not having ari offce or place of business within Ne City of
Lakewood
128 0314 PERSON
Person means every natural person partnership fiduciary association
earnetl on and after January 1 1981 by nonresidents ofNe City
forworkdone or services pertarmed or
renderteyd within the Ciry
c i On the portionaabuable ervthl 1981 ofBallrtPtdent
d 1
contluctea in me uq
2 On Ne portieA of Ne distributive share of
saeinuarv L 1981 of a t
2
uninwrPOa eqousinesseuu y r
e On Ne portion attnbutableta Ne Ory ofthe net profits earned on b
and after anuary 1 1981 of all mrpoatlonp derived from sales
made work done services pertormed orrendered and business or
other attivNes conducted in Ne City whether or not such
corpoations have an office orPlace of business intheGty Ord
p
43 80 Approvetl byvoters 11480
f On Ne portlonaNbutable to this municipality pursuant to Ne
2
i fnance and canying
consumer s accqunts
128 0502 EFFECTIVE PERIOD
Such tax shall be levied rollected and with
paid respell NNe salaries
wages commissions and otrnet wmpensabon including lottery winnings
oP businesses
oinand afterroJatnuary SP1981
pofessionsorotheractrvtleeezmed
or corporation Whenever used in any clause prescribing and
theterm person as applied to any unincorpoate entity
partners or members thereof and as applied to corporations the officers
thereof
the
DETERMINATION OFALLOCATION OFTAX
or
impshII meanathe
328 0315 PLACE OFBUSINESS
Place of business means any bona fde offce other than a mere
statutoryoffce factory warehouse orother space which is occupied and used
by the N aver m carrying u orthrough
oeese lad min attenldance dually one
ormare ofhis regular employ 9 Y
128 0316 RESIDENT
Resident means an individual domitiled inthe Cityof Lakewood butshall
not include those individuals attending an accredited college or university on a
full rime basiswho reside withinthe Gty sateen weel or less tluring thetaxable
year
128 031 RESIDENT UNINCORPORATED BUSINESS ENTITY
Resident unincorpoated business entity
means an unincorporated
business entity having an office or place of business within Ne Cry of
Lakewood
128 03171 SCORPORATION
S Corpoation orSubchapter S Co nation means any associatlon
Internal RevenueCefor its tdaxable yearrer 5ofChapter 1 ofSubtitle A ofthe
128 0318 TAXABLE INCOME
Taxable income means wages salaries and othercompensadon paid by
an or
employer employers before any tleduGion and orNe net profds from Ne
opeabon of a business profession or otheren erpnse or activity atl1ustetl in
lotterownnin sh tamtibvand gaming winngs Taxable income shall include
ry 9 9 9
128 0319 TAXABLE YEAR
Taxable year means Ne calendaryear orthe fiscal yearupon Ne basis
ofwhich Ne net profits aretp be computed antler this chapter and m Ne case
of a factional part of a year theperiod forwhich such return isrequiretl N be
made
128 0320 TAXPAYER
Taxpayer means a person whether an individual partnership
assocationor any corpoation orother entry required hereunder to file a
return
or pay a tax
IMPOSITION OFINCOME TAX
128 0501 RATE ANDINCOME TAXABLE
An annual tax For theprpuses specified In Section 128 0101 shall be
imposed on and after anuary 1 1981 at Ne ateof one and one halfpercent
12 per annumupon Nefollowing
a On all salaries wages o
indutling lottery wimm gs gamblnnandgami9winningseearned 9
on and after anuary 1 1981 by residentsoftheGty
b On all salaries wages commissions and oNer compensation
allocation percena9 th of
payroll and sales
or0leaPed bynthe Nzpayer adlthe value ioflsuch
re determinetl by multlplying Ne annual rental
and other compensation paid tluring the taxable
128
0703 TOTALALLOCATION
Add togeNer Ne percentages tletermined inaccordance wiN subsections
and