ORDINANCE NO. _____, SERIES 2022
Title
AN ORDINANCE AMENDING SEVERAL SECTIONS OF CHAPTER 110 OF THE LOUISVILLE/JEFFERSON COUNTY METRO CODE OF ORDINANCES REGARDING OCCUPATIONAL LICENSE TAXES.
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SPONSORED BY: COUNCIL MEMBER BILL HOLLANDER
WHEREAS, Chapter 110 of the Louisville/Jefferson County Metro Code of Ordinances ("LMCO") pertains to the levy of occupational license taxes as authorized by KRS 68.180, KRS 91.200 and KRS Chapter 96A; and
WHEREAS, the Louisville Metro Revenue Commission identified updates to be made to Chapter 110, including a requirement for electronic filing for certain tax return preparers and changes needed to conform with state law; and
WHEREAS, the Louisville Metro Council desires to make these updates.
NOW, THEREFORE, BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AS FOLLOWS:
SECTION I: LMCO 110.01 is hereby amended to read as follows:
LMCO ? 110.01 DEFINITIONS.
For the purpose of this chapter the following definitions shall apply unless the context clearly indicates or requires a different meaning.
BUSINESS. Any enterprise, activity, trade, profession, occupation or undertaking of any nature conducted for gain or profit. However, this term shall not include the usual activities of boards of trade; chambers of commerce; trade associations or unions, or other association performing the services usually performed by trade associations or unions. Business shall not include funds or foundations, corporations or associations organized and operated for the exclusive and sole purpose of religious, charitable, scientific, literary, educational, civic or fraternal purposes, where no part of the earnings, income or receipts of such units, groups, or associations inures to the benefit of any private shareholder or individual except to the extent that there is unrelated business income.
BUSINESS ENTITY. Each separate corporation, limited liability company,...
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