The Township of Cross Creek adopts the provisions of Article
XI-D of the Tax Reform Code of 1971 (72 P.S. § 8101-D et
seq.) 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%.
The tax imposed under § 155-1 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" (53 P.S. § 6901 et seq.
and 53 P.S. § 6924.101 et seq.), provided that, if the correct
amount of the tax is not paid by the last date prescribed for timely
payment, the Township of Cross Creek, 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.
Any tax imposed under § 155-1 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.