BPOL Ordinance


Section 4-7.2-34. Real estate brokers; license tax rate.

Every person licensed and doing business exclusively as a real estate broker with respect to the purchase and/or sale of any real estate shall be subject in calendar years 1993 and 1994 to an annual license tax of One Cent for each One Hundred Dollars of gross receipts in each of those years. In calendar year 1995, every such real estate broker shall pay an annual license tax of Ten Cents for each One Hundred Dollars of gross receipts. In calendar year 1996 and thereafter, every such real estate broker shall pay an annual license tax of Thirty-one Cents for each One Hundred Dollars of gross receipts.

 


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