©2000 Model City
Tax Code

Article IV - Privilege Taxes

Sec. ___-420. (Reserved)

++(Local Option #P:

Sec. ___-420. Feed at wholesale.

(a) The tax rate shall be at an amount equal to _______ percent (___%) of the gross income from the business activity upon every person engaging or continuing in the business of the sale of feed, salt, vitamins, and other additives to feed, to persons engaged in the raising or feeding of livestock or poultry purchased or raised for slaughter, with no deduction for the income derived from the "resale" of such feed.

(b) The tax imposed by this Section shall not apply to:

(1) out-of-City sales.

(2) out-of-State sales.)++

Web. Rev. Date: 10-30-2000

©2001 Model City Tax Code 
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