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87-107 AMENDING CITY CODE - ESTABLISHING A TAX ON THE PURCHASE OF TANGIBLE PERSONAL PROPERTY
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87-107 AMENDING CITY CODE - ESTABLISHING A TAX ON THE PURCHASE OF TANGIBLE PERSONAL PROPERTY
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8/26/2016 8:36:03 AM
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8/26/2016 8:36:00 AM
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Resolution/Ordinance
Res Ord Num
87-107
Res Ord Title
AMENDING CITY CODE - ESTABLISHING A TAX ON THE PURCHASE OF TANGIBLE PERSONAL PROPERTY
Approved Date
10/5/1987
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� s <br /> � � <br /> (j) "Receipts" from sales of tangible personal property at - <br /> retail with respect to any period of time means the aggregate <br /> selling price , as hereinafter defined , received by a seller <br /> during such periocl of time. In the case of charge and time <br /> sales, receipts include compensation only as and when payments <br /> are received by the seller. <br /> (k) "Retailer" means every person engaged in the business <br /> of making sales at retail as defined in this chapter. The <br /> isolated or occasional sale of tangible personal property at <br /> retail by a person who does not hold himself out as being engaged <br /> (or who does not habitually engage) in selling such tangible <br /> personal property at retail or a sale through a bulk vending <br /> machine does not constitute such person a retailer within the <br /> meaning of this chapter; provided that any person who is engaged <br /> in a business which is not subject to the tax collection <br /> obligation imposed by this chapter because of involving the sale <br /> of or a contract to sell real estate or a construction contract <br /> to improve real estate, but who, in the course of conducting such <br /> business transfers tangible personal property to users or <br /> consumers in the finished form in which it was purchased, and <br /> which does not become real estate, under any provision of a <br /> construction contract or real estate sale or real estate sales <br /> agreement entered into with some other person arising out of or <br /> because of such business which is not subject to such collection <br /> obligation, is a retailer to the extent of the value of the <br />
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