Use tax: credit for equivalent excise taxes paid another jurisdiction

Section Number
640.00

*This information is for Model City Tax Code purposes only.

 

In the event that an equivalent excise tax has been levied and paid upon tangible personal property which is acquired to be stored or used within this City, full credit for any and all such taxes so paid shall be allowed by the Tax Collector but only to the extent Use Tax is imposed upon that transaction by this Article.