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SECTION 7 <br />ESTABLISHMENT OF BRACKETS APPLICABLE TO ALL <br />TAXABLE TRANSACTIONS <br />The following brackets shall be applicable to all <br />taxable transactions which would have otherwise been five percent <br />taxable transactions: <br />1. On single sales of less than ten cents, no tax shall <br />be added. <br />2. On single sales in amounts from ten cents to 16 <br />cents, both inclusive, one cent shall be added for taxes. <br />3. On sales in amounts from 17 cents to 33 cents, both <br />inclusive, two cents shall be added for taxes. <br />4. On sales in amounts from 34 cents to 50 cents, both <br />inclusive, three cents shall be added for taxes. <br />5. On sales in amounts from 51 cents to 66 cents, both <br />inclusive, four cents shall be added for taxes. <br />6. On sales in amounts from 67 cents to 83 cents, both <br />inclusive, five cents shall be added for taxes. <br />7. On sales in amounts from 84 cents to $1, both <br />inclusive, six cents shall be added for taxes. <br />8. On sales in amounts more than $1, six percent shall <br />be charged upon each dollar trf price, plus the above bracket <br />charges upon any fractional part of a dollar. <br />SECTION 8 <br />ADDITIONAL TAX <br />Any tax levied pursuant to the provisions of Florida <br />Statutes, Section 125.0104, shall be in addition to the tax levied <br />pursuant to this Ordinance. <br />SECTION 9 <br />NOTIFICATION OF DEPARTMENT OF REVENUE <br />Indian River County shall notify the Department of <br />Revenue within ten days of the approval of the Ordinance levying <br />said tax in the referendum required pursuant to Section 4 of this <br />Ordinance and the time period during which the tax will be <br />levied. <br />-6- <br />