§ 4.08.060. Exceptions and deductions.

(a)

There shall be excepted and deducted from the total gross income of every person, firm or corporation engaged in or carrying on the business of selling or furnishing electric light and power or natural gas upon which the license fee or tax is computed so much thereof as is derived from transactions in interstate or foreign commerce, or from business done for the government of the United States, its officers or agents, and any amount paid by the taxpayer to the United States, the state of Washington or the city, as excise taxes levied or imposed upon the sale or distribution of property or services.

(b)

There shall be excepted and deducted from the total gross subscribers' station exchange revenues from business and residence telephone service (excluding message units) of every person, firm or corporation engaged in or carrying on a telephone business the amount of credit losses and uncollectible actually sustained by the taxpayer in transactions included in the total gross subscribers' station exchange revenues.

(c)

Nothing in this chapter shall be construed as requiring a license or the payment of a license or tax, or the doing of any act, which would constitute an unlawful burden or interference in violation of the Constitution or laws of the United States or which would not be consistent with the Constitution or laws of the state of Washington.

(d)

Any person subject to the payment of a license fee or tax under the provision of any ordinance of the city other than the ordinance codified in this chapter, on account of engaging in any activity for which he is liable to tax hereunder, may deduct the amount of such fee or tax from the amount of fee or tax imposed by this chapter on account of such activity, but such person shall nevertheless, in the manner herein provided for, apply for and procure an occupation license.

(Ord. 2107 § 2, 1998: Ord. 354 § 2, 1964: Ord. 200 § 6, 1946)