Chapter 3.26


3.26.010    Imposed

3.26.020    Rate

3.26.030    Collection and Administration

3.26.040    Allowable Credits

3.26.050    Exemptions

3.26.060    Adoption by Reference

3.26.010 Imposed.

There is hereby levied and shall be collected a leasehold excise tax upon the act or privilege of occupying or using publicly owned real or personal property within the City of Lake Stevens through a leasehold interest, as defined by RCW 82.29A.020. (Ord. 832, Sec. 1, 2010)

3.26.020 Rate.

The rate of tax imposed shall be four percent of the taxable rent, as provided in RCW 82.29A.040. (Ord. 832, Sec. 1, 2010)

3.26.030 Collection and Administration.

The tax shall be paid, collected and remitted to the Department of Revenue of the State of Washington in the time and manner prescribed by RCW 82.29A.050. (Ord. 832, Sec. 1, 2010)

3.26.040 Allowable Credits.

After computation of the taxes imposed under this chapter, credits may be applied to the tax payable in accordance with RCW 82.29A.120. (Ord. 832, Sec. 1, 2010)

3.26.050 Exemptions.

Those leasehold interests identified in RCW 82.29A.130 shall be exempt from the taxes imposed under this chapter. (Ord. 832, Sec. 1, 2010)

3.26.060 Adoption by Reference.

The City hereby adopts by reference Chapter 82.29A RCW, Leasehold Excise Tax. (Ord. 832, Sec. 1, 2010)