A local business tax receipt may be transferred to a new owner, when there is a bona
fide sale of the business, upon payment of a transfer fee of ten percent of the annual
local business tax, but not less than $3.00 nor more than $25.00, and presentation
of the original local business tax receipt and evidence of the sale.
(b)
A local business tax receipt may be transferred from one location to another location
within the city upon payment of a transfer fee of ten percent of the annual local
business tax, but not less than $3.00 nor more than $25.00, and presentation of the
original local business tax receipt and evidence of the business location.
