Section 45-51-243.01 – Definitions.
Section 45-51-243.01 Definitions. (a) As used in this part, the following words, terms, and phrases where used shall have the following respective meanings except where the context clearly indicates a different meaning: (1) BUSINESS. All activities engaged in, or caused to be engaged in, by any person with the object of gain, profit, benefit, or […]
Section 45-51-244.01 – Authorization to Levy and Collect Ad Valorem Tax.
Section 45-51-244.01 Authorization to levy and collect ad valorem tax. Montgomery County presently is authorized to levy and collect the special ad valorem tax at a rate of $.30 on each one hundred dollars (three mills on each dollar) of assessed value pursuant to Amendment 382 subject to approval by the electorate as provided by […]
Section 45-51-243.02 – Levy of Tax; Rates; Applicability; Disposition of Funds.
Section 45-51-243.02 Levy of tax; rates; applicability; disposition of funds. (a) The county commission is authorized, by resolution duly adopted, to levy, in addition to all other taxes now imposed or authorized by law, and to collect as herein provided, a privilege, license, or excise tax, herein called a rental tax, on the leasing or […]
Section 45-51-244.03 – Referendum.
Section 45-51-244.03 Referendum. The increase in the rate at which the special ad valorem tax may be levied and collected pursuant to this part is subject to the approval of a majority of the qualified electors residing in the district who vote on the proposed levy at a special election called and held for such […]
Section 45-51-243.03 – Exemptions.
Section 45-51-243.03 Exemptions. The rental tax authorized by this part does not apply to the following transactions: (1) The leasing or rental of a film or films by a lessee who charges, or proposes to charge, admission for viewing the film or films. (2) The use of docks or docking facilities furnished for boats or […]
Section 45-51-243.04 – Addition of Tax to Rental Price; Collection.
Section 45-51-243.04 Addition of tax to rental price; collection. Each person engaging or continuing in the business of leasing or renting tangible personal property subject to the rental tax shall add to the rental price and collect from the renter or lessee the amount of tax owed by such renter or lessee. It shall be […]
Section 45-51-243.05 – Administration, Enforcement, and Collection of Tax.
Section 45-51-243.05 Administration, enforcement, and collection of tax. The county commission shall administer, enforce, and collect the tax herein authorized to be levied and collected, or shall cause the tax to be administered, enforced, and collected by the State Department of Revenue or a private collection agency at the same time and in the same […]
Section 45-51-243.06 – Taxes Constitute Debt; Employment of Special Counsel.
Section 45-51-243.06 Taxes constitute debt; employment of special counsel. The rental tax shall constitute a debt due the county and may be collected in a civil suit, in addition to all other methods provided by law and in this part. The tax, together with any interest and penalties with respect thereto, shall constitute and be […]
Section 45-51-243.07 – Payment of Taxes; Reports.
Section 45-51-243.07 Payment of taxes; reports. (a) The rental tax, except where otherwise provided in this part, shall be due and payable in monthly installments on or before the twentieth day of the month next succeeding the month in which the tax accrues. (b) Except where otherwise provided in this part, on or before the […]
Section 45-51-243.08 – Credit Collections.
Section 45-51-243.08 Credit collections. Any person who is charged with collecting the rental tax and who makes cash or credit leases or rentals, may report such cash leases or rentals when made, and shall thereafter include in each monthly report all credit collections made during the month preceding, and shall remit the tax due thereon […]