[Ord. 2007-1, 1/2/2007]
Smith Township adopts the provisions of Article XI-D of the
Tax Reform Code of 1971 and imposes a realty transfer tax as authorized under
that Article, subject to the rate limitations therein. The tax imposed
under this section shall be at the rate of one percent.
[Ord. 2007-1, 1/2/2007]
The tax imposed under § 401, and all applicable interest
and penalties, shall be administered, collected and enforced under
the Act of December 31, 1965 (P.L.1257, No. 511, as amended), known
as the "Local Tax Enabling Act," provided that, if the correct amount of the tax is not
paid by the last date prescribed for timely payment, Smith Township,
pursuant to Section 1102-D of the Tax Reform Code of 1971 (72 P.S.
§ 8102-D), authorizes and directs the Department of Revenue
of the Commonwealth of Pennsylvania to determine, collect and enforce
the tax, interest and penalties.
[Ord. 2007-1, 1/2/2007]
Any tax imposed under § 401 that is not paid by the
date the tax is due shall bear interest as prescribed for interest
on delinquent municipal claims under the Act of May 16, 1923 (P.L.
207, No. 153) (53 P.S. § 7101 et seq.), as amended, known
as the "Municipal Claims and Tax Liens Act." The interest rate shall
be the lesser of the interest rate imposed upon delinquent Commonwealth
taxes as provided in Section 806 of the Act of April 9, 1929 (P.L.
343, No. 176) (72 P.S. § 806), as amended, known as the
"Fiscal Code," or the maximum interest rate permitted under the Municipal
Claims and Tax Liens Act for tax claims.
[Ord. 2007-1, 1/2/2007]
The provisions of this Part shall become effective on January
2, 2007, and shall be applicable to any document made, executed, delivered,
accepted or presented for recording on or after January 2, 2007.