Tax Type
BPOL Tax
Local Taxes
Description
Contractors' License Tax;Extension to Builders and Developers; Applicability of Rate Freeze
Topic
Local Power to Tax
Local Taxes Discussion
Rate of Tax
Date Issued
05-23-1975
Ch. 621, Laws 1975, which places a freeze on local license tax rate increases, does not apply to the extension of a locality's contractors' license tax to builders and developers. The rate freeze applies to license taxes imposed under § 58-266.1 (authorizing cities to levy license taxes on business, trades, professions, etc.), while the contractors' license tax is imposed under § 58-302.
Attorney General's Opinion