§ 22-70. Established.  


Latest version.
  • Pursuant to O.C.G.A. § 48-6-93 there is hereby levied for each year an annual business license tax upon state and national banking associations, federal savings and loan associations and state building and loan associations a business license tax at the rate of one-fourth of one percent of the gross receipts of such institutions. "Gross receipts" shall mean gross receipts as defined in O.C.G.A. § 48-6-93. Notwithstanding any other provisions of this section, the minimum amount of business license tax due from any depository financial institution pursuant to this section shall be $1,000.00 per year.

(Ord. No. 419, 5-21-96)