Chapter 3.34
LEASEHOLD TAX

Sections:

3.34.010    Imposition of tax.

3.34.020    Rate of tax.

3.34.030    Administration and collection of tax.

3.34.040    Exemptions.

3.34.050    Inspection of records.

3.34.060    Authorization to contract with state.

3.34.070    Penalties.

3.34.080    Monetary penalty for late tax payments.

3.34.300    Severability.

3.34.010 Imposition of tax.

There is levied and shall be collected a leasehold tax on and after the effective date of this chapter upon the act or privilege of occupying or using publicly owned real or personal property within the city of Redmond through a “leasehold interest” as defined by RCW 82.29A.020. 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. (Ord. 1128 § 1 (part), 1983).

3.34.020 Rate of tax.

The rate of tax imposed by Section 3.34.010 shall be four percent of the taxable rent as defined by RCW 82.29A.020; provided, however, that the following credits shall be allowed in determining the tax payable:

A. With respect to a product lease as defined by RCW 82.29A.020, a credit of thirty-three percent of the tax produced by the above rate. (Ord. 1128 § 1 (part), 1983).

3.34.030 Administration and collection of tax.

The administration and collection of the tax imposed by this chapter shall be in accordance with the provisions of RCW Chapter 82.29A. (Ord. 1128 § 1 (part), 1983).

3.34.040 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 Section 3.34.010 of this chapter. (Ord. 1128 § 1 (part), 1983).

3.34.050 Inspection of records.

The city of Redmond hereby 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. 1128 § 1 (part), 1983).

3.34.060 Authorization to contract with state.

The Finance Director is authorized to execute a contract with the Department of Revenue of the state for the administration and collection of the tax imposed by this chapter; provided, however, that the City Attorney shall first approve the form and content of the contract. (Ord. 1128 § 1(part) 1983).

3.34.070 Penalties.

Failure to pay any tax due under this chapter shall constitute a misdemeanor and a person or persons convicted of such a crime shall be subject to a fine of up to two hundred fifty dollars for each separate offense. (Ord. 1128 § 1 (part), 1983).

3.34.080 Monetary penalty for late tax payments.

All taxes not paid when due pursuant to the terms of this chapter and RCW Chapter 82.29A shall be subject to a penalty assessment in addition to the tax itself of an amount equal to twenty percent of the total tax delinquency. (Ord. 1128 § 1 (part), 1983).

3.34.300 Severability.

If any provision of this chapter or its application to any person or circumstance is held invalid, the remainder of the chapter or the application of the provision to other persons or circumstances shall be deemed not to be affected. (Ord. 1128 § 1 (part), 1983).