§ 4-7-26. Wholesale merchants; license tax rate.

Wholesale merchant means any person (i) who sells to retailers, as set forth in Section 4-7-24, for resale; (ii) who sells at wholesale to other wholesale merchants; or (iii) who sells at wholesale to institutional, commercial or industrial users.

Every person conducting or engaging in any wholesale merchants' occupations, businesses, trades or callings shall pay an annual license tax of Four Cents ($0.04) for each One Hundred Dollars ($100.00) of gross purchases of the preceding year. Wholesale merchants' occupations, businesses, trades or callings include, by way of illustration, but are not limited to, persons who sell:

Apparel

Furnishings

Automotive products

Chemicals

Coal, coke

Drugs

Dry goods

Electrical, plumbing goods

Farm products or supplies

Furniture and house furnishings

Groceries, foods or beverages

Hardware

Jewelry

Lumber, paint and construction materials

Machinery, equipment or supplies

Metals and metal work

Paper and paper products

Petroleum and petroleum products

Sporting goods

Tobacco and tobacco products, except leaf tobacco

Waste materials. (10-1-69; 1-20-71; 5-15-72; 1961 Code, § 25-49; 38-73-25; 2-77-4; 33-94-4.)