[Adopted 8-23-2006 by Ord. No. 1163]
Editor's Note: The tax heretofore enacted by ordinance was levied for the calendar year 2011 at the same rates and under the same term applicable on 12-31-2010 by Ord. No. 1168, adopted 12-8-2010. Further reenactments are on file in the Borough offices.
Editor's Note: This ordinance also superseded former Art. VI, Per Capital Tax; Realty Transfer Tax, adopted 12-22-1993 by Ord. No. 1047, as amended.
The Borough of Milton adopts the provisions of Article XI-D of the Tax Reform Code of 1971 and imposes a realty transfer tax as authorized under that article subject to the rate limitations therein. The tax imposed under this section shall be at the rate of 1% on the transfer of real property situate in the Borough of Milton subject to equal sharing of the tax with the Milton Area School District so long as it collects the same tax.
The tax imposed under § 219-36 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," provided that if the correct amount of the tax is not paid by the last date prescribed for timely payment, the Borough of Milton, pursuant to § 1102-D of the Tax Reform 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.
Editor's Note: See 53 P.S. § 6924.101 et seq.
Any tax imposed under § 219-36 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 Section 806 of the Act of April 9, 1929 (P.L. 343, No. 176) (72 P.S. § 806), as amended, known as the "Fiscal Code," or the maximum interest rate permitted under the Municipal Claims and Tax Liens Act for tax claims.
The provisions of this article shall become effective on and be applicable to any documents made, executed, delivered, accepted or presented for recording on or after October 5, 2005.