Chapter 3.44
LEASEHOLD EXCISE TAX

Sections:

3.44.010    Levy and collection.

3.44.020    Rate.

3.44.030    Administration and collection.

3.44.040    Exemptions.

3.44.050    Inspection of records.

3.44.060    Contract authorization.

3.44.010 Levy and collection.

There is levied and shall be collected a leasehold excise tax on and after July 1, 1984, upon the act or privilege of occupying or using publicly owned real or person property within the city 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. 732 § 1, 1984).

3.44.020 Rate.

The rate of the tax imposed by Section 3.44.010 shall be four percent of the “taxable rent” as defined by RCW 82.29A.020. 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 shall be allowed in determining the tax payable. (Ord. 732 § 2, 1984).

3.44.030 Administration and collection.

The administration and collection of the tax imposed by this chapter shall be in accordance with the provisions of RCW Chapter 82.29A. (Ord. 732 § 3, 1984).

3.44.040 Exemptions.

Leasehold interests exempted by RCW 82.29A.130 and 82.29A.135, as it now exists or may hereafter be amended, shall be exempt from the tax imposed pursuant to Section 3.44.010. (Ord. 732 § 4, 1984).

3.44.050 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. 732 § 5, 1984).

3.44.060 Contract authorization.

The mayor of the city is authorized to execute a contract with the Department of Revenue of the state of Washington for the administration and collection of the tax imposed by Section 3.44.010. (Ord. 732 § 6, 1984).