5.12.160 Tax designated.
A. Except as otherwise provided, the license tax for those in business, conducting business, supplying services, or delivering goods within the town shall be as follows:
1. Category I: Five percent of gross receipts derived during the license year from business conducted or performed within the town, or two hundred fifty dollars, whichever is lower.
2. Category II: Five percent of gross receipts derived during the license year from business conducted or performed within the town, or one hundred fifty dollars, whichever is lower.
3. Category III: Five percent of gross receipt derived during the license year from business conducted or performed within the town, or one hundred dollars, whichever is lower.
4. Category IV: Five percent of gross receipts derived during the license year from business conducted or performed within the town, or fifty dollars, whichever is lower.
B. Each licensee shall pay an administrative fee of fifty dollars to help defray the cost of issuing, maintaining and enforcing this chapter. This fee shall be part of the license fee and not in addition to the license fee specified in this section.
C. For the tax year commencing July 1, 2000, and ending June 30, 2001, the license tax designated in subsection A of this section shall be prorated based upon the schedule shown in Section 5.12.080. (Ord. 516 § 2, 2000; Ord. 409 § 11, 1985)