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HomeMy WebLinkAboutOrd 770 07/18/1961 ORDINANCE No~-2JJL~,.~.__ Municipal Service Occupation Tax BE IT ORDAINED by the President and Board of Trustees of the Village of Mount Prospect that: Section 1. A tax is hereby imposed upon all persons engaged in this municipality in the business of making sales of service at the rate of one-half of one per cent of the cost price of all tangible personal property transferred by said servicemen either in the form of tangible personal property or in the form of real estate as an incident to a sale of service, in accordance with the provisions of Section 8-11-5 of the "Illinois Municipal Code" enacted by the Seventy-5econd General Assembly. Section 2. Ever,y supplier or serviceman required to account for Municipal Service Occupation Tax for the benefit of this municipality shall file, on or before the last day of each calendar month, the report to the State Department of Revenue required by Section Nine of the Service Occupation Tax Act, enacted by the Seventy-5econd General Assembly. Section 3. At the time such report is filed, there shall be paid to the State Department of Revenue the amount of tax hereby imposed. Section 4. The Village Clerk is hereby directed to transmit to the State Department of Revenue a certified copy of this ordinance not later than five (5) d~s after the effective date of this ordinance. Section 5. This ordinance shall be published within ten (10) days of its enactment as provided in Section 1-2-4 of the "Illinois Municipal Code" enacted by the Seventy-5econd General Assembly and shall be effective from and after the first day of the calendar month next following the expiration of the ten (10) day publication period. This ordinance shall take effect on the FIRST d~ of AUGUST, 1961. ..""It., PASSED this ~ day of July, A. D. 1961. . ~~~'e7~~~_ President, Village of Mount Prospect -<<~~ ~./' W~v--J Village Clerk SEAL