Chapter 3.07
LEASEHOLD EXCISE TAX

Sections:

3.07.010    Imposition of tax.

3.07.020    Rate of tax.

3.07.030    Administration and collection.

3.07.040    Exemptions.

3.07.050    Inspection of records.

3.07.060    Contract with Department of Revenue.

3.07.080    Violation – Penalty.

Stat. Ref.: For provisions on leasehold excise taxes, see Chapter 82.29A RCW.

3.07.010 Imposition of tax.

There is levied and shall be collected a leasehold excise tax on and after August 17, 1992, upon the act or privilege of occupying or using publicly owned real or personal property within the City through a “leasehold interest” as is defined by Chapter 82.29A RCW. The tax shall be paid, collected and remitted to the Washington State Department of Revenue at the time and in the manner prescribed by Chapter 82.29A RCW. (Ord. 1943 § 1, 1992).

3.07.020 Rate of tax.

The rate of tax imposed by IMC 3.07.010 shall be 4 percent of the taxable rent, as is defined by Chapter 82.29A RCW. (Ord. 1943 § 2, 1992).

3.07.030 Administration and collection.

The administration and collection of the tax imposed by this chapter shall be in accordance with the provisions of Chapter 82.29A RCW. (Ord. 1943 § 3, 1992).

3.07.040 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 IMC 3.07.010. (Ord. 1943 § 4, 1992).

3.07.050 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 82.32.330. (Ord. 1943 § 5, 1992).

3.07.060 Contract with Department of Revenue.

The Mayor is authorized to execute a contract with the Washington State Department of Revenue for the administration and collection for the tax imposed by IMC 3.07.010; provided, that the City Attorney shall first approve the form and content of the contract. (Ord. 1943 § 6, 1992).

3.07.080 Violation – Penalty.

Any person holding a leasehold interest subject to the tax imposed hereunder who violates or fails to comply with the provisions of this chapter, shall be guilty of a misdemeanor. Upon conviction thereof, such person shall be punished as provided in IMC 1.06.010. (Ord. 1943 § 8, 1992).