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Naches City Zoning Code

CHAPTER 3

12 - REAL ESTATE EXCISE TAX

3.12.010 Real estate excise tax imposed.

3.12.010 Real estate excise tax imposed.

There is imposed an excise tax of .0025 of the selling price on each sale of real property constituting a taxable event as defined in RCW Chapter 82.45 on all property transfers within the corporate limits of the town.

(Ord. 346 § 2, 1986)

3.12.020 Deposit of proceeds.

3.12.020 Deposit of proceeds.

All proceeds from the excise tax imposed by this chapter shall be deposited in the town's municipal reserve fund, account No. 103.

(Ord. 346 § 3, 1986)

3.12.030 Collection.

3.12.030 Collection.

The tax shall be collected by the Yakima County treasurer following publication of the ordinance codified in this chapter.

(Ord. 346 § 4, 1986)