D.C. Code § 47-2503
Private banks.
Private banks or bankers not incorporated shall pay a tax of $500 per annum. Every person, firm, company, or association not incorporated having a place of business where credits are opened by the deposit or collection of moneys or currency subject to be paid or remitted upon draft, check, or order, or where money is advanced or loaned on stocks, bonds, bullion, bills of exchange, or promissory notes, or where stocks, bonds, bills of exchange, or promissory notes are received for discount or for sale, shall be regarded as a private bank or banker.
Source: official DC Code section page (code.dccouncil.gov)
In this chapter (16 sections)
- 47-2501 · Gas, electric lighting, telephone, telecommunications, and…
- 47-2501.01 · Television, video, or radio service to subscribers or…
- 47-2502 · Bonding, title, guaranty and fidelity companies.
- 47-2503 · Private banks.
- 47-2504 · Washington Stock Exchange.
- 47-2505 · Note brokers.
- 47-2506 · Payment of tax by private banks and note brokers.
- 47-2507 · Transitional rules for taxing financial institutions.
- 47-2508 · Applicability of acts of Congress to national banks in the…
- 47-2509 · Declaration and payment of estimated tax.
- 47-2510 · Personal property tax provisions applicable to financial…
- 47-2511 · Severability.
- 47-2512 · Savings clause.
- 47-2513 · Rules and regulations.
- 47-2514 · Real property tax provisions applicable to financial…
- 47-2515 · Effective date.