[Ord. 750-07, 7/9/2007]
This Part shall be known as the "Borough of Hamburg Realty Transfer
Tax Ordinance."
[Ord. 750-07, 7/9/2007]
The Borough of Hamburg 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% of the
value of the selling price or consideration of real property or interest
in such real property transferred and situate within the Borough of
Hamburg. The Berks County Recorder of Deeds shall collect this realty
transfer tax.
[Ord. 750-07, 7/9/2007]
The tax imposed by this Part 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 Hamburg, pursuant to Section 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.
[Ord. 750-07, 7/9/2007]
This realty transfer tax shall continue in full force on a calendar-year
basis without annual reenactment, unless the rate of this tax is hereinafter
changed; and if this realty transfer tax is included within any annual
tax ordinance for the Borough of Hamburg, such inclusion will not
constitute a reenactment of this Part but only a recognition of its
continuing in force.
