Section 92.160

Title VII CITIES, TOWNS AND VILLAGES

Chapter 92

Effective - 28 Aug 1953   

  92.160.  Tax ordinance to contain formulae for taxing profits of nonresidents. — The earnings or net profits subject to tax of any nonresident individual, of any association or business conducted by nonresidents, or of any corporation, in any case in which the work done, services performed or rendered, and business or other activities conducted are done, performed, rendered or conducted both within and without the city may be ascertained by formulae set forth in any ordinance enacted pursuant to sections 92.110 to 92.200 or prescribed by rules or regulations adopted pursuant to such ordinance.

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(Reenacted L. 1953 2d Ex. Sess. p. 14 § 5)