§ 3.01.040. Credit for franchise payments.  


Latest version.
  • A.

    A provider who is operating under a franchise shall receive credit on the occupation tax due to be paid hereunder to the extent that such payment would be duplicative of payments such provider is making under its franchise.

    B.

    Any provider that makes payment to the holder of a franchise in a monthly sum equal to or greater than the occupation tax imposed by Sections 3.01.010—3.01.070 shall receive a credit on the occupation tax due to be paid hereunder, provided that the holder of franchise remits such payment to the city pursuant to its obligations under the franchise.

(Ord. No. 43-127 § 4)