Chapter 3.12
LEASEHOLD EXCISE TAX
Sections:
3.12.020 Administration and collection.
3.12.030 Exemption of leasehold interests.
3.12.040 Inspection of records.
3.12.010 Imposed.
There is levied and shall be collected a leasehold excise tax on and after April 1, 1976 upon the act or privilege of occupying or using publicly owned real or personal property within the town through a “leasehold interest” as defined by Section 2, Chapter 61, Laws of 1975-76, Second Extraordinary Session (hereinafter referred to as “the State Act”). 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 Section 5 of the State Act.
(Ord. 97 §1, 1976).
3.12.020 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. 97 §2, 1976).
3.12.030 Exemption of leasehold interests.
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 Section 3.12.010.
(Ord. 97 §3, 1976).
3.12.040 Inspection of records.
The town consents to the inspection of such records as are necessary to qualify the town for inspection of records of the Department of Revenue pursuant to RCW 82.32.330.
(Ord. 97 §4, 1976).
3.12.050 Contract.
The mayor 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 3.12.010.
(Ord. 97 §5, 1976).