Pursuant to Ordinance No. 1863 Fiscal Year 2015:
Beginning October 1, 2015: the rate at which Occupational License Fee (Payroll Tax) will be calculated will be 1.50%.
Beginning October 1, 2015: the rate at which the Net Profit License Fee (annual license fee return) will be calculated will be 1.25%.
The net profit license fee rate change will affect returns for tax year ending after September 30, 2015. Net profit license fee returns due by April 15, 2016 submitted for the tax year of January 1, 2015-December 31, 2015 will be calculated at 1.25%.