§ 5.04.320. Wholesale sales.

A.

Every person engaged in the business of selling any goods, wares or merchandise at wholesale, and not otherwise specifically taxed by other business tax provisions of this chapter, shall pay a business tax of sixty dollars ($60.00) per year or fractional part thereof for the first fifty thousand dollars ($50,000.00) or less of gross receipts, plus one dollar and twenty cents ($1.20) for each additional one thousand dollars ($1,000.00) of gross receipts or fractional part thereof in excess of fifty thousand dollars ($50,000.00), except that any business engaged in the wholesale of firearms or firearms ammunition, as defined in Section 5.04.085 of this chapter, shall pay a gross receipts tax of sixty dollars ($60.00) per year or fractional part thereof for the first two thousand five hundred dollars ($2,500.00) or less of gross receipts, plus twenty-four dollars ($24.00) per year for each additional one thousand dollars ($1,000.00) of gross receipts or fractional part thereof in excess of two thousand five hundred dollars ($2,500.00) from wholesaling firearms or firearms ammunition.

B.

For the purpose of this section, "a wholesale sale" or "sale at wholesale" means a sale of goods, wares or merchandise for the purpose of resale in the regular course of business.

(Amended by Measure D, passed by voters June 2, 1998: prior code § 5-1.26)