Ordinance 3292 - Laserfiche WebLink

• • DET Ri'l Section 5 : DETLitx`alI ATION OF VALUES: The value of NATION ' products, including by-products , extracted or manufactured shall be OF I: determined by the gross proceeds derived from the sale thereof whether VALUES such sale is at wholesale or at retail, to which shall be added all subsidies and bonuses received from the purchaser or from any other person with respect to the extraction, manufacture, or sale of such products or products bythe seller, except: Y-�- r (a) Where such products, including by-products, are 1 extracted or manufactured for commercial or industrial use; (b) Where such products, including by-products , 'are i shipped, transported or transferred out of the City, or to another person, without prior sale or are sold under circumstances such that the gross proceeds from the sale are not indicative of the true value of the subject matter of the sale . In the above cases the value shall correspond as nearly es possible to the gross proceeds from sales in this city of similar products of like ruality and character, and in similar ouanti-- ties by other taxpayers, plus the amount of subsidies or bonuses ordinarily payable by the purchaser or by any third person with respect to the extraction, manufacture , or sale of such products. The City Clerk shall prescribe uniform and eruitable rules for the purpose of ascertaining such values. Section 6: SEGREGATION BEThEE '1 LOCAL AND OUTSIDE BUSINESS?: Persons engaged in the business of rendering services both within ( and without the city, or partially within and partially without the ' city, and maintaining an office or place of business within the city and not elsewhere , shail be taxable on the gross income from the business without regard to the place where the services are rendered ; and such persons having an office or place of business inside the city and also elsewhere shall , for the purpose of computing tax liability under this ordinance , apportion to the city that portion of his gross income which is derived from services rendered within the city. ':here such apportionment cannot be made by separate ac- counting( methods, the taxpayer shall apportion to the city that portion of his total income which the cost of doing business within the city bears to the total cost of doing business both within and without the city. ES'TA.j LISRMENTS, Persons maintaining an office , plant , warehouse or other PARTLY business establishment which is partly within and partly outside of WITHIv the city, shall be taxable on the value of products , gross proceeds AND of sale , or gross income of the business attributable to business PARTLY within the city, ascertained wither (1) by a segregation of business WITF'CUT within and business outside the city, shown and supported by separate( CITY accounting records , or (2) if such segregation cannot be practicably ! } made , by an apportionment to the city of that part of the total valuel of products, gross proceeds of sales, or gross income of the business; derived from business both within and outside the city (a) in the proportion that the cost of doing business within the city bears to the cost of doing business both within and outside of the city, or (b) when the use of such apportionment factor is impractical or inequitable , by a fair and ecuitable apportionment of such values , proceeds , or income between business within the city and business outside of the city upon such basis, comparable in character to that . prescribed in (a) above , as shall be agreed upon by the clerk and the taxpayer after consideration of the facts. - 7 - 1