Columbia License tax ordinance (§ 26-131)

(a) Every person engaged in the business of supplying electric service in the city for compensation for any purpose shall pay to the city a license tax in an amount equal to seven (7) per cent of the annual gross receipts of such business.

(b) The electric service company shall pay the license tax required in subsection (a) of this section for each month, within thirty (30) days after the last day of each month.

(c) The tax required to be paid by this article shall be in lieu of any other occupation tax required of any person engaged in the business described in subsection (a) of this section, but nothing herein contained shall be so construed as to exempt any such person from the payment to the city of the tax which the city levies upon the real or personal property belonging to any such person, nor the tax required of

merchants or manufacturers for the sale of anything other than electric service, nor shall the tax herein required exempt any such person from the payment of any other tax which may lawfully be required other than an occupation tax on the business described in subsection (a) of this section.

(d) This section shall not apply to the water and light department of the city.

(e) The seven (7) per cent license tax on annual gross receipts required in subsection (a) of this section shall not be required and collected on sales of bulk electricity to the water and light department of the city.