4.10.050 Deductions.
In computing the tax imposed by this chapter, the following items may be deducted from the measure of the tax; provided, however, that such deductions may be subject to tax under other chapters of BCC Title 4, including but not limited to Chapter 4.09 BCC, Business and Occupation Tax Code:
A. The amount of credit losses actually sustained by taxpayers whose regular books are kept upon an accrual basis.
B. Charges by a taxpayer engaging in any utility occupation activity subject to this chapter for sales of utility services to any purchaser engaged in the same utility occupation activity that the purchaser buys for the purpose of resale.
C. That portion of the gross income derived from charges to another telecommunications company for connecting fees, switching charges, or carrier access charges relating to intrastate toll telephone services, or for access to, or charges for, interstate services.
D. Adjustments made to a billing or to a customer account or to a telecommunications company accrual account in order to reverse a billing or charge that had been made as a result of third-party fraud or other crime and which was not properly a debt of the customer.
E. Amounts derived from business which the city is prohibited from taxing under the Constitution or laws of this state or of the United States. (Ord. 5815 § 3, 2008; Ord. 4841 § 3, 1995.)