Section 11-2050. Transitional provisions  


Latest version.
  • The  taxes  imposed  by  this
      subchapter shall be paid with respect to  receipts  from  all  sales  of
      services  on  or after September first, nineteen hundred eighty although
      rendered or agreed to be  rendered  under  a  prior  contract.  Where  a
      service is sold on a monthly, quarterly, yearly or other term basis, the
      charge for such service shall be subject to tax under this subchapter to
      the  extent  that  such  charge  is applicable to any period on or after
      September first, nineteen hundred  eighty,  and  such  charge  shall  be
      apportioned  on  the  basis  of  the ratio of the number of days falling
      within such period to the total number of  days  in  the  full  term  or
      period.