city of tacoma
File #: ORD28991    Version: 1 Name: ORD - TMC 6A.30 code revisions
Type: Ordinance Status: Second Reading
File created: 10/16/2024 In control: City Council
On agenda: 12/3/2024 Final action:
Title: An ordinance amending Chapter 6A.30 of the Municipal Code, relating to Business and Occupation Tax, by amending various sections to repeal the preferential tax rate and related deduction for International Investment Management Services, remove outdated language, and update the definition of "farmers", effective January 1, 2025. [Danielle Larson, Tax and License Manager; Andy Cherullo, Director, Finance]
Attachments: 1. Ordinance No. 28991, 2. City Council Action Memorandum, 3. Proposed Substitute Ordinance No. 28991

Title

An ordinance amending Chapter 6A.30 of the Municipal Code, relating to Business and Occupation Tax, by amending various sections to repeal the preferential tax rate and related deduction for International Investment Management Services, remove outdated language, and update the definition of “farmers”, effective January 1, 2025.

[Danielle Larson, Tax and License Manager; Andy Cherullo, Director, Finance]