Tax imposed Clause Samples

Tax imposed. A. Effective September 1, 2021 each occupant shall pay a TLT in the amount of three percent (3%) of the rent. The occupant shall pay the TLT with the rent to the transient lodging tax collector. TLT amounts shall be rounded down to the nearest cent. The transient lodging tax collector shall maintain records of all rent charged and TLT payments received. If rent is paid in installments, a proportionate share of the TLT shall be paid by the occupant to the transient lodging tax collector with each installment unless the occupant pays the entire amount with the first payment. B. Bills, receipts or invoices provided to occupants shall list the TLT separately and must accurately state the amount of tax. All amounts listed as TLT on invoices, bills or receipts must be reported as TLT and, after collection, must be turned over to the City, less the five percent (5%) administrative charge.

Tax imposed. There is hereby imposed for each taxable year of a REMIC a tax equal to 100 percent of the net income derived from prohibited transactions.

Tax imposed. There is hereby levied, subject to the provisions of this article, a tax on every sale or use of taxable energy made within the city equaling a percentage of the delivered value of the taxable energy to the consumer as adopted by ordinance. Said ordinance is available for review at the City Office. This tax shall be known as the municipal energy sales and use tax. (6-2006, 5-9-06) A. Calculation: The tax shall be calculated on the delivered value of the taxable energy to the consumer. B. Additional Tax: The tax shall be in addition to any sales or use tax on taxable energy imposed by the city as authorized by Utah Code Annotated title 59, chapter 12, part 2, the local sales and use tax act. (Ord. 04-06-22, 6-22-2004)