Ordinance 2582-02 - Laserfiche WebLink

. ` in a defined area who all hold the same property in common within the area. (b) For the purposes of this section "commonly held property" includes areas required for common access such as reception areas, halls, stairways, parking, etc., and may include recreation rooms, swimming pools and small parks or recreation areas; but is not intended to include more grounds than are normally required in a residential area, or to include such extensive areas as required for golf courses, campgrounds, hiking and riding areas,boating areas, etc. (c) To qualify for the deductions under this section: (i) The salary or compensation paid to officers, managers, or employees must be only for actual services rendered and at levels comparable to the salary or compensation of like positions within the county wherein the property is located; (ii) Dues, fees, or assessments in excess of amounts needed for the purposes for which the deduction is allowed must be rebated to the members of the association; (iii) Assets of the association or organization must be distributable to all members and must not inure to the benefit of any single member or group of members. (12) Amounts representing rental of real estate for boarding homes. In computing tax, there may be deducted from the measure of tax amounts representing the value of the rental of real estate for "boarding homes." To qualify for the deduction, the boarding home must meet the definition of"boarding home, and licensed by the State of Washington under RCW 18.20. The deduction shall be in the amount of twenty-five percent(25%) of the gross monthly billing when the boarder has resided within the boarding home for longer than thirty(30) days. (13) Amounts subject to an eligible gross receipts tax in another city that also maintains nexus over the same activity. This subsection establishes deductions to be applied when a single taxable activity is taxable by more than one jurisdiction that imposes an eligible gross receipts tax. Under Washington State Law, more than one city which has established nexus can tax the same sale. However to eliminate the possibility of the same sale or service being taxed more than once by cities that maintain nexus and an eligible gross receipts tax, the City of Everett provides these deductions to taxpayers. A taxpayer that is subject to an eligible gross receipts tax on the same activity in more than one jurisdiction may be entitled to a deduction as follows: (a) A taxpayer that has paid an eligible gross receipts tax with respect to a sale of goods or services to a jurisdiction in which the goods are delivered or the services are provided may deduct an amount equal to the gross receipts used to measure 28