Chapter 3.16
LEASEHOLD EXCISE TAX
Sections:
3.16.020 Rate – Credits designated.
3.16.030 Administration and collection – In accordance with state act.
3.16.050 Consent to inspection of records.
3.16.060 Administration and collection – Contract with state authorized.
3.16.010 Levied – Collection.
There is hereby levied, and shall be collected, a leasehold excise tax on and after January 1, 1976, 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 Section II, Chapter 61, Laws of 1975-76, Second Extraordinary Session (hereinafter known as “the state act”). 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 Section 5 of the state act. (Ord. 420 § 1, 1976).
3.16.020 Rate – Credits designated.
The rate of the tax imposed by NBMC 3.16.010 shall be as established by the taxes, rates and fees schedule adopted by ordinance, provided a credit of 33 percent of the tax produced by the above rate, with respect to a product lease (as defined by RCW 82.29A.020(3)), shall be allowed. (Ord. 1237 § 2 (part), 2005: Ord. 420 § 2, 1976).
3.16.030 Administration and collection – In accordance with state act.
The administration and collection of the tax imposed by this chapter shall be in accordance with the provisions of the state act. (Ord. 420 § 3, 1976).
3.16.040 Exemptions.
Leasehold interests exempted by Section 13 of the state act, as it now exists or may hereinafter be amended, shall be exempt from the tax imposed pursuant to Section 3.16.010. (Ord. 420 § 4, 1976).
3.16.050 Consent to inspection of records.
The city 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 82.32.330. (Ord. 420 § 5, 1976).
3.16.060 Administration and collection – Contract with state authorized.
The mayor is authorized to execute a contract with the state Department of Revenue for the administration and collection of the tax imposed by Section 3.16.010. (Ord. 420 § 6, 1976).