B.C. Reg. 432/2004
O.C. 939/2004		 Deposited October 1, 2004
effective October 1, 2004
This archived regulation consolidation is current to April 1, 2005 and includes changes enacted and in force by that date. For the most current information, click here.

Hotel Room Tax Act

ADDITIONAL TAX REGULATION
(CITY OF RICHMOND)

Applicability

1 Section 3 (1) of the Hotel Room Tax Act applies in respect of accommodation purchased within the City of Richmond on or before October 1, 2009.

Additional tax payable

2 The additional tax payable under that section is 2% of the purchase price of the accommodation.

Purposes for tax expenditure

3 The purposes for which the amount paid to the municipality out of the revenue collected from the tax may be expended are

(a) trade and exhibition centre construction and operation, and

(b) tourism marketing.

Apportionment of tax proceeds

4 The apportionment of the amount paid to the municipality out of the revenue collected from the tax must be

(a) 50% for trade and exhibition centre construction and operation, and

(b) the balance for tourism marketing.

 

Note: this regulation replaces B.C. Reg. 228/99.

 

[Provisions of the Hotel Room Tax Act, R.S.B.C. 1996, c. 207, relevant to the enactment of this regulation: section 43 (2) (e) and (f)]

Copyright (c) 2005: Queen's Printer, Victoria, British Columbia, Canada