Chapter 3.12
LEASEHOLD EXCISE TAX
Sections:
3.12.040 Administration and collection.
3.12.070 Contract for administration.
3.12.010 Imposed.
There is levied and shall be collected a leasehold excise tax on and after January 1, 1976 upon the act or privilege of occupying or using publicly owned real or personal property within the county through a “leasehold interest” as defined by Section 2, Chapter 61, Laws of 1975-1976, Second Extraordinary Session (hereafter, “the state act”). The tax shall be paid, collected and remitted to the Department of Revenue of the state at the time and in the manner prescribed by Section 5 of the state act. (Prior code § 3.10.010)
3.12.020 Rate of tax.
The rate of the tax imposed by Section 3.10.010 shall be six percent of the taxable rent (as defined by Section 2 of the state act); provided, that the following credits shall be allowed in determining the tax payable:
A. With respect to a leasehold interest arising out of any lease or agreement, the terms of which were binding on the lessee prior to July 1, 1970, where such lease or agreement has not been renegotiated (as defined by Section 2 of the state act) since that date, and excluding from such credit (1) any leasehold interest arising out of any lease of property covered by the provisions of RCW 28B.20.394 and (2) any lease or agreement including options to renew which extends beyond January 1, 1985, as follows: with respect to taxes due in calendar year 1976, a credit equal to eighty percent of the tax produced by the above rate; with respect to taxes due in calendar year 1977, a credit equal to sixty percent of the tax produced by the above rate; with respect to taxes due in calendar year 1978, a credit equal to forty percent of the tax produced by the above rate; with respect to taxes due in calendar year 1979, a credit equal to twenty percent of the tax produced by the above rate;
B. With respect to a product lease (as defined by Section 2 of the state act), a credit of thirty-three percent of the tax produced by the above rate. (Prior code § 3.10.020)
3.12.030 Credit for city tax.
There shall be allowed against the tax otherwise imposed by this chapter a credit for the full amount of any leasehold excise tax authorized by Section 4 of the state act and imposed upon the same taxable event by any city or town. (Prior code § 3.10.030)
3.12.040 Administration and collection.
The administration and collection of the tax imposed by this chapter shall be in accordance with the provisions of the state act. (Prior code § 3.10.040)
3.12.050 Exemptions.
Leasehold interests exempted by Section 13 of the state act as it exists as of the effective date of the enactment codified in this chapter or may thereafter be amended shall be exempt from the tax imposed pursuant to Section 3.10.010. (Prior code § 3.10.050)
3.12.060 Records inspection.
The county consents to the inspection of such records as are necessary to qualify the county for inspection of records of the Department of Revenue pursuant to RCW 82.32.330. (Prior code § 3.10.060)
3.12.070 Contract for administration.
The board of county commissioners is authorized to execute a contract with the Department of Revenue of the state for the administration and collection of the tax imposed by Section 3.10.010; provided, that the prosecuting attorney shall first approve the form and content of the contract. (Prior code § 3.10.070)