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19861125 1986-48ORDINANCE NO. 1986-48 AN ORDINANCE AMENDING SECTION 12-25 OF THE CODE OF THE CITY OF FAIRFAX TO CHANGE THE BUSINESS LICENSE TAX APPLICABLE TO LESSORS OF RESIDENTIAL REAL PROPERTY. BE IT ORDAINED by the City Council of the City of Fairfax, Virginia, that Subsection (a) of Section 12-25 of the Code of the City of Fairfax be and here- by is amended to read in its entirety as follows: "(a) Generally. Every person engaged in a financial, real estate or professional service shall pay for the privilege an annual license tax the greater of thirty dollars ($30.00) or forty cents ($0.40) per one hundred dollars ($100.00) of gross receipts based upon the gross receipts from such services in the next preceding calendar year. However, for persons engaged in the business of leasing real property, the tax rate shall be as follows: For the lessors of commercial and industrial real property and the lessors of dwelling units in apartment houses, the tax shall be the greater of thirty dollars ($30.00) or twenty-three cents ($0.23) per one hundred dollars ($100.00) of gross receipts from the renta in the next preceding calendar year; for lessors of all other residential real property, including single family detached and semi-detached dwell- ings, townhouses and condominium units, the tax shall be the greater of thirty dollars ($30.00) or fifty cents ($0.50) per one hundred dollars ($100.00) of gross receipts from the rental in the next preceding calendar year. The definitions of uses of real property in Section 26-4 shall appl~ to this section. It is the intent of this section to tax individually all persons practicing a profession including persons who practice a professior as members or employees of a partnership, firm or corporation. In the cas( of employees, gross receipts shall be measured by salary or commission re- ceived. As to the members of partnerships or firms, they shall be measure< by salary or commission received. As to the members of partnerships or firms, they shall be taxed only in the proportion that their respective share in the partnership or firm bears to the total gross receipts. In lieu of individual licenses such members may file jointly for a single license and pay a collective license tax upon the total gross receipts. A joint filing must include a complete list of all members for whom the license tax is being paid." The remainder of Section 12-25 shall continue in full force and effect ~xcept as specifically amended above. This ordinance shall become effective immediately upon its execution by the Mayor. Introduced: November 11, 1986 ~ublic Hearing: November 25, 1986 ~dopted: November 25, 1986 ~TTEST: