
Occupational License Tax
An Occupational License Tax is a fee that local governments charge businesses and professionals to operate legally within their jurisdiction. This tax helps fund local services and ensures that businesses comply with local regulations. The amount usually varies based on the type of business, its size, and location. Before starting or continuing a business, owners often need to apply for this license, demonstrating that they meet all necessary legal requirements. Essentially, it's a way for the government to regulate and support local commerce while ensuring businesses contribute to the community's infrastructure and services.