Chapter 3.15
LEASEHOLD EXCISE TAX
Sections:
3.15.040 Administration and collection.
3.15.050 Inspection of records.
3.15.060 Contract with the Department of Revenue.
3.15.010 Tax imposed.
There is levied and shall be collected a leasehold excise tax on or after July 1, 1992, upon the act or privilege of occupying or using publicly owned real or personal property within the city of Newport through a “leasehold interest” as the same is defined by RCW 82.29A. (Ord. 809 § 1, 1992)
3.15.020 Rate of tax.
The rate of tax imposed by NMC 3.15.010 shall be four percent of the taxable rent, as the same is defined by RCW 82.29A.040. (Ord. 809 § 2, 1992)
3.15.030 Exemptions.
Leasehold interests exempted by RCW 82.29A.130 as it now exists or may hereafter be amended, shall be exempt from the tax imposed pursuant to NMC 3.15.010. (Ord. 809 § 3, 1992)
3.15.040 Administration and collection.
The administration and collection of the tax imposed by this chapter shall be remitted to the Department of Revenue of the state of Washington in accordance with the provisions of RCW 82.29A.050. (Ord. 809 § 4, 1992)
3.15.050 Inspection of records.
The city reserves the right to request an audit of any leasehold excise tax returns that are subject to the provisions of this chapter, and in accordance with the provisions of RCW 82.32.330, all findings of fact and determinations of the amount of taxable rent made pursuant to this chapter shall be open to public inspection at all reasonable times. (Ord. 809 § 5, 1992)
3.15.060 Contract with the Department of Revenue.
Prior to the effective date of the ordinance codified in this chapter, the mayor is authorized to execute a contract with the Department of Revenue of the state of Washington for the administration and collection of the tax imposed by this chapter. (Ord. 809 § 6, 1992)