Chapter 3.52
LEASEHOLD EXCISE TAX
Sections:
3.52.030 Administration and collection.
3.52.050 Inspection of records.
3.52.060 Contract with state authorized.
3.52.010 Imposition and levy.
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 city through a leasehold interest as defined by Chapter 82.29A RCW. 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 Chapter 82.29A RCW. (Ord. 1777 § 1 (Exh. A), 2012; Ord. 379 § 1, 1976).
3.52.020 Rate.
The rate of the tax imposed by FMC 3.52.010 shall be four percent of the taxable rent (as defined by Chapter 82.29A RCW); provided, that the following credit shall be allowed in determining the tax payable:
A. With respect to a product lease (as defined by Chapter 82.29A RCW), a credit of 33 percent of the tax produced by the above rate. (Ord. 1777 § 1 (Exh. A), 2012; Ord. 379 § 2, 1976).
3.52.030 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. (Ord. 379 § 3, 1976).
3.52.040 Exemptions.
Leasehold interests exempted by Section 13 of the state act as it now exists or may hereafter be amended shall be exempt from the tax imposed pursuant to FMC 3.52.010. (Ord. 379 § 4, 1976).
3.52.050 Inspection of records.
The city consents to the inspection of such records as are necessary to qualify the city for inspection of records of the Department of Revenue pursuant to RCW 82.32.330. (Ord. 379 § 5, 1976).
3.52.060 Contract with state authorized.
The city manager is authorized to execute a contract with the Department of Revenue of the state for the administration and collection of the tax imposed by FMC 3.52.010; provided, that the city attorney shall first approve the form and content of said contract. (Ord. 1398 § 30, 2000; Ord. 379 § 6, 1976).