There is levied upon and shall be collected from and paid as provided in this chapter by every person, association, or organization utilizing punchboards and pull tabs a tax of eight percent of gross receipts from the operation of such game less the amount awarded as cash or merchandise prizes. Any such gross receipts subject to this tax shall be deducted from the gross income of a business when filing business and occupation tax returns with the city. [Ord. 10898 § 1, 1997; Ord. 10877, 1997; Ord. 9042 § 1, 1981; Ord. 8922 § 1, 1980; Ord. 8301 § 1, 1974].