[Code 1991, § 17-16]
A.
Pursuant to Code of Virginia, § 58.1-605, a local general
retail sales tax at the rate of 1% to provide revenue for the general
fund of the City is hereby levied. Such tax shall be added to the
rate of the state sales tax imposed by Code of Virginia, §§ 58.1-603
and 58.1-604. It shall be subject to all provisions of Code of Virginia,
§ 58.1-600 et seq., all the amendments thereto and the rules
and regulations published with respect thereto.
B.
Pursuant to Code of Virginia, § 58.1-605, the local general
retail sales tax levied pursuant to this section shall be administered
and collected by the state tax commissioner in the same manner and
subject to the same penalties as provided for the state sales tax,
with the adjustments required by Code of Virginia, § 58.1-628.
[Code 1991, § 17-17]
Pursuant to Code of Virginia, § 58.1-606, there is
hereby imposed in the City a local use tax at the rate of 1% to provide
revenue for the general fund of the City. The City use tax shall be
added to the rate of the state use tax imposed by Code of Virginia,
§ 58.1-600 et seq., and shall be subject to all the provisions
of that chapter, and all amendments thereof, and the rules and regulations
published with respect thereto.
[Code 1991, § 17-18; Ord. No. 98-28, 11-24-1998]
A.
Imposed. For each and every fiscal year, beginning January 1 and
ending December 31 of each such year, unless otherwise changed by
the City Council, there is hereby imposed and levied upon all the
machinery and tools designated in Code of Virginia, § 58.1-3507
et seq., which generally describes machinery and tools used in a manufacturing
or mining business, a tax of $0.80 on every $100 of assessed value
thereof, for general City and school purposes. The exemption set forth
in Code of Virginia, § 58.1-3508, shall apply to this tax.
B.
Filing of returns. Machinery and tools taxes shall be based upon
all such property owned by the taxpayer on January 1 of each calendar
year. Every taxpayer owning property subject to taxation under this
section shall file a machinery and tools tax return with the Commissioner
of the Revenue on or before February 15 of each year, reflecting ownership
of such property as of January 1 of that year. All such returns not
filed on or before February 15 shall incur a penalty of 10% of the
tax due thereon or $10, whichever is greater, for failure to file
such a return on time. The Commissioner of the Revenue may, upon written
request, grant a reasonable extension of time, not to exceed 90 days,
for the filing of such return whenever, in the commissioner's judgment,
good cause exists and provided such written request is made before
the date returns are due. The commissioner shall keep a record of
every extension and the reasons constituting good cause therefor.
C.
Due date for payment; delinquency. Machinery and tools taxes shall
be payable annually in two equal installments, with the first half
of the total tax being due and payable on or before May 15 and the
second half being due and payable on or before November 15 of each
calendar year. On all such taxes remaining unpaid after the due date
of such installment, there shall be added a 10% penalty plus 10% interest
from the first day of the month following the due date. The treasurer
shall proceed to collect such delinquent taxes in the manner described
by state law and the ordinances of the City.
[Code 1991, § 17-19]
For each and every fiscal year, beginning July 1 and ending
June 30 of each such year, unless otherwise changed by the City Council,
there is hereby imposed and levied upon any property not taxed by
the state and not otherwise included in this chapter, a tax of $2.99
for every $100 of assessed value thereof.
[Code 1991, § 17-20]
There is hereby imposed a City recordation tax in an amount
equal to one-third of the amount of the state recordation tax collectible
for the state for the first recordation of each taxable instrument
in the City; provided, however, that, except in a case in which the
state recordation tax is $0.50 specifically, where a deed or other
instrument conveys, covers or relates to property located partially
within the City and partially in any county or other City, the tax
hereby imposed shall be computed and collected only with respect to
that portion of the property located within the City.
