[Adopted 10-13-1987 by Ord. No. 413 (Ch.
24, Part 1 of the 1996 Code); amended in its entirety 8-14-2007 by Ord. No.
598]
The Borough of Coopersburg adopts the provisions
of Article XI-D of the Tax Reform Code of 1971[1] and imposes a realty transfer tax as authorized under
that article subject to the rate limitation therein. The tax imposed
under this article shall be at the rate of 1%.
[1]
Editor's Note: See 72 P.S. § 8101-D
et seq.
The tax imposed under § 198-11 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"[1]; provided that if the correct amount of this tax is not
paid by the last date prescribed for timely payment, the Borough of
Coopersburg, pursuant to § 1102-D of the Tax Return 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.
[1]
Editor's Note: See 53 P.S. § 6901
et seq.
Any tax imposed under § 198-11 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 § 806 of the Act of April 9, 1929 (P.L. 343, No. 176, 72 P.S. § 806 et seq.), as amended, known as the "Fiscal Code," or the maximum interest rate permitted under the Municipal Claims and Tax Liens Act for tax claims.
