RCW 82.29A.030 — Tax imposed — Credit — Additional tax imposed

(1) There is levied and collected a leasehold excise tax on the act or privilege of occupying or using publicly owned, or specified privately owned, real or personal property through a leasehold interest on and after January 1, 1976, at a rate of twelve percent of taxable rent. However, after the computation of the tax a credit is allowed for any tax collected pursuant to RCW 82.29A.040 . (2) An additional tax is imposed equal to the rate specified in RCW 82.02.030 multiplied by the tax payable under subsection (1) of this section. [ 2015 3rd sp.s. c 6 s 2005 ; 2010 c 281 s 3 ; 1983 2nd ex.s. c 3 s 18 ; 1982 1st ex.s. c 35 s 11 ; 1975-'76 2nd ex.s. c 61 s 3.] Notes: Effective dates — 2015 3rd sp.s. c 6: See note following RCW 82.04.4266 . Application — 2015 3rd sp.s. c 6 ss 2003, 2005, and 2006: See note following RCW 82.29A.020 . Application — 2010 c 281: See note following RCW 84.36.010 . Construction — Severability — Effective dates — 1983 2nd ex.s. c 3: See notes following RCW 82.04.255 . Severability — Effective dates — 1982 1st ex.s. c 35: See notes following RCW 82.08.020 .