Chapter 3.08
LEASEHOLD EXCISE TAX
Sections:
3.08.040 Inspection of records.
3.08.010 Levied.
There is levied and shall be collected a leasehold excise tax on the privilege of occupying or using publicly owned real or personal property within the city through a “leasehold interest,” as pursuant to RCW 82.29A.040. The tax shall be paid, collected and remitted to the Department of Revenue of the state of Washington at the time and in the manner prescribed by RCW 82.29A.050, as the same now exists or may hereafter be amended.
(Ord. 738, Added, 04/06/1976)
3.08.020 Rate – Credits.
The rate of the tax imposed shall be equal to four percent of the taxable rent as defined by RCW 82.29A.020, as the same now exists or may hereafter be amended.
(Ord. 738, Added, 04/06/1976)
3.08.030 Exemptions.
Leasehold interests exempted by RCW 82.29A.130 and 82.29A.135 as they now exist or may hereafter be amended shall be exempt from the tax imposed pursuant to TMC 3.08.010.
(Ord. 738, Added, 04/06/1976)
3.08.040 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 82.32.230.
(Ord. 738, Added, 04/06/1976)
3.08.050 Contract with state.
Pursuant to RCW 82.29A.080 the city maintains an executed contract with the Department of Revenue of the state of Washington for the administration and collection of the tax imposed by TMC 3.08.010.
(Ord. 738, Added, 04/06/1976)
3.08.070 Violation – Penalty.
Any person who fails or refuses to pay the tax required by this chapter is guilty of a misdemeanor and upon conviction thereof shall be punished as per TMC 1.12.010.
(Ord. 738, Added, 04/06/1976)