10-46B-9. Municipal tax on contractors--Rate--Restitution.
76 words·~1 min read·
/sd/title-10/chapter-10-46/10-46b-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any municipality may impose an excise tax on contractors gross receipts in a similar manner as imposed by this chapter; provided however, that the same shall be adopted in conformity with chapter 10-52 and the rate thereof shall not exceed one - half percent. Municipalities that have a non - ad valorem tax in effect as provided for in chapter 10-52 may not continue the tax imposed by this section on or after April 1, 1980.