Title 08 Taxation and Revenue
Chapter 08.07D Sales and Use Tax Deferral Program for Affordable Housing
Section 08.07D.100 Voluntary Discontinuance
- If a conditional recipient voluntarily opts to discontinue compliance with the requirements of this chapter, the recipient must notify the City and Department within 60 days of the change in use or intended discontinuance.
- If, after the Department has issued a sales and use tax deferral certificate and the conditional recipient has received a certificate of occupancy, the City finds that a portion of an investment project is changed or will be changed to disqualify the recipient for sales and use tax deferral eligibility under this chapter, the City must notify the Department and all deferred sales and use taxes are immediately due and payable as provided in RCW 82.92.110.
- This section does not apply after ten years from the date of the certificate of occupancy.
Date Passed: Monday, February 27, 2023
Effective Date: Sunday, April 9, 2023
ORD C36357 Section 1
