Chapter 3.47
ADDITIONAL TAX ON SALE OF REAL PROPERTY

Sections:

3.47.010    Imposed.

3.47.020    Collection and compliance.

3.47.030    Use of funds.

3.47.010 Imposed.

An additional excise tax of one-quarter of one percent of selling price is imposed on all real property sold within the corporate limits of the city. (Ord. 781 § 1, 1991).

3.47.020 Collection and compliance.

The tax imposed shall be collected from persons taxable by the state under Chapter 82.45 RCW upon the occurrence of any taxable event within the corporate limits of the city, and shall comply with all rules, regulations, laws and court decisions regarding real estate excise taxes under that section. (Ord. 781 § 2, 1991).

3.47.030 Use of funds.

The revenues from this tax shall be used for local capital improvement projects. (Ord. 781 § 3, 1991).