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AN ORDINANCE TO AMEND SECTIONS 13-2, 13-8 AND 13-10 OF THE CODE OF ORDINANCES PROVIDING FOR OCCUPATION OR PRIVILEGE TAX
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BE IT ORDAINED by the City Council of the City of Jonesboro, Arkansas:
Section 1: That Section 13-2, the second paragraph, of the Code of Ordinances of the City of Jonesboro, Arkansas, is hereby amended to read as follows:
All persons failing, neglecting or refusing to pay their license or occupation tax within forty-five (45) days from the date the same becomes due shall be subject to penalties as follows:
(a) If paid between forth-five (45) days and seventy-five (75) days from due date 10% of the amount of tax due.
(b) If paid between seventy-five (75) days and one hundred thirty-five (135) days from due date 20% of the amount due.
(c) If not paid within one hundred thirty-five (135) days from the date due 40% of the amount of tax due.
Such penalties shall be in addition to any fines which may be levied as a result of the violation of this chapter.
Section 2: That Section 13-8 of the Code of Ordinances of the City of Jonesboro, Arkansas is hereby amended to read as follows:
All businesses, merchants or traders, either wholesale or retail, where merchandise is sold unless otherwise herein provided for, shall play an annual license fee and occupation tax of five-tenths of one per-cent of the average stock of merchandise carried on hand, where the total stock carried on hand is $10,000.00 or less; for all merchandise carried on hand in excess of $10,000.00 but less than $20,000.00, the said tax shall be four-tenths of one percent for such excess; and for all merchandise carried in excess of $20,000.00, the said tax shall be two tenths of one percent on all stock carried on hand in excess of $20,000.00 provided that the annual license fee and occupation tax of any such business shall not be less than $15.00.
Section 3: That Section 13-10 of the Code of Ordinances of the City of Jonesboro, Arkansas is hereby amended to read as fo...
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