§ 58-113. Transferable.  


Latest version.
  • (a)

    All business tax receipts may be transferred to a new owner when there is a bona fide sale of the business upon payment of a transfer fee of ten percent of the annual business tax receipt tax, but not less than $3.00 nor more than $25.00 and presentation of evidence of the sale and the original business tax receipt.

    (b)

    Upon written request and presentation of the original business tax receipt, any business tax receipt may be transferred from one location to another location in the town upon payment of a transfer fee of ten percent of the annual business tax receipt tax, but not less than $3.00 nor more than $25.00.

(Code 1999, § 18-42; Ord. No. 95-23, § 5, 9-21-1995; Ord. No. 2016-23, § 66-62, 6-13-2017)