Tax Type
BPOL Tax
Description
City Taxes;Reports;Severance Tax
Topic
Local Power to Tax
Date Issued
08-07-1973
The only sections in Chapter 7 of Title 58 dealing with the period of licenses are designed to provide procedure for State license taxes; they do not apply to county or city taxes levied under §§. 58-266.1 (local license taxes generally) and 58-266.1:1 (coal and gas severance tax). Implicit in the General Assembly's grant of power to localities to levy license taxes is the power to require such reports as are reasonable and necessary to collect the tax. The relatively large amounts of money to be collected as severance tax, and the basis of measurement, justify frequent reporting. Therefore, monthly reports may be required.
Attorney General's Opinion