[Ord. 2006-06, 12/21/2006, § 1]
The Council of the Borough of Liberty hereby adopts the provision
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 1%.
[Ord. 2006-06, 12/21/2006, § 2]
The tax imposed under § 24-301 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, 53 P.S. § 6924.101 et seq., 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, the Borough of Liberty, pursuant to § 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. 2006-06, 12/21/2006, § 3]
Any tax imposed under § 24-301 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 10% per annum.
[Ord. 2006-06, 12/21/2006, § 5]
This Part shall become effective on and be applicable to any
document made, executed, delivered, accepted or presented for recording
on or after October 5, 2005.
