It is a tax on the use of public property by private party. This tax is in lieu of the property tax.
Public entities that lease property to lessees or tenants of a community center report to the Department of Revenue on a quarterly Leasehold Excise Tax Return.
Lessees of federal property report directly to the Department of Revenue on an annual Leasehold Excise Tax Return.
The Leasehold Excise Tax rate is .1284 of the rent paid for the property.
Approximately 53 percent of the tax goes into the State General Fund and 47 percent of the tax is returned to the county and city in which the leased property is located.
Please call 360-705-6115.