SEC. 27-65-13. Tax levied.
There is hereby levied and assessed, and shall be collected, privilege taxes for the privilege of engaging or continuing in business or doing business within this state to be determined by the application of rates against gross proceeds of sales or gross income or values, as the case may be, as provided in the following sections.
SOURCES: Codes, 1942, Sec. 10105; Laws, 1932, chs. 90, 91; 1934, ch. 119; 1955, Ex sess, ch. 109, Sec. 7, eff. March 1, 1955.