Chapter 4.16
LEASEHOLD EXCISE TAX

Sections:

4.16.010    Tax levied.

4.16.020    Rate.

4.16.030    Administration and collection.

4.16.040    Exemptions.

4.16.050    Inspection of records.

4.16.060    Contract with state.

4.16.010 Tax levied.

There is hereby levied and shall be collected a leasehold excise tax on and after July 1, 1981, 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. A-2 § 1, 1981).

4.16.020 Rate.

The rate of tax imposed by this chapter shall be four percent of the taxable rent (as defined by Chapter 82.29A RCW); provided, that the credit required by RCW 82.29A.120, as that section currently exists or may hereafter be amended, shall be allowed in determining the tax payable. (Ord. A-2 § 1, 1981).

4.16.030 Administration and collection.

The administration and collection of the tax imposed by this chapter shall be in accordance with provisions of Chapter 82.29A RCW. (Ord. A-2 § 1, 1981).

4.16.040 Exemptions.

Leasehold interests exempted by RCW 82.29A.130, as that section now exists or may hereafter be amended, shall be exempt from the tax imposed pursuant to this chapter. (Ord. A-2 § 1, 1981).

4.16.050 Inspection of records.

The city consents to the inspection, at all reasonable times, of such records as are required by the state Department of Revenue in accordance with the provisions of Chapter 82.29A RCW. (Ord. A-2 § 1, 1981).

4.16.060 Contract with state.

The city manager is authorized to execute a contract with the state Department of Revenue for the administration and collection of the tax imposed by this chapter. (Ord. A-2 § 1, 1981).