ORD 0212 - Laserfiche WebLink

0RDINANOE N0. ~L~ AN ORDINANCE OF THE TOWN OF PLEASANTON IMPOSING AN EXCISE TAX ON THE USE OR OTHER CONSUMPTION OF TANGIBLE PERSONAL PROPERTY. THE COUNCIL OF THE TOWN OF PLEASANTON DOES ORDAIN AS FOLLOWS: SECTION 1. "USE" DEFINED. "Use" includes the exercise of any right or power over tangible~ecsonal property incident to the ownership of that property, subject, however, to the following exemptions: (a} It does not include the sale of that property in the regular course of business; (b) It does not include the keeping, retaining or exercising of any right or power over tangible personal property shipped or brought into this Town and which is thereafter trans- !~orted outside the Town for 'Orincipal use or consumption outside the Town, and which property is actually so used or consumed: (c) It does not include the use of such property for the purpose of being processed, fabricated, or manufactured into, attached to or incorporated into, other tangible personal property which is to be transported outside the Town and there-- after used principally outside the Town, or which is to be subsequently sold or resold in the regular course of business; (d) It does not include the exercise of any right or power over tangible personal property incident to ownership of that property if such property was purchased for principal use or consumtion outside the Town and is so used or consumed. (e) It does not include the use of tangible personal property actually employed in the transportation or transmission of persons. property. ~as. electricity or communications in intra- state, inter-state or foreign conu, erce by public utilities regulated by the Public Utilities Commission of the State of California. SECTION 2. I~RPOSITION AND RATE OF TAX. An excise tax is hereby imposed on the use or other consumption in the Town of Pleasanton of tangible personal property purchased from any retailer on or after the effective date of this ordinance for use or other consumption in said town at the rate of one-half (1/2) of one (1) percent of the sales price of the property. SECTION 3. USE TAX LEVIED IN SAME MANNER AS STATE TAX. The tax hereby levied, except as otherwise heroin provided, is levied in the same manner. to the same extent and under the same conditions as use taxes are levied pursuant to Part I of Division 2 of the California Revenue and Taxation Code. known as the "Sales and Use Tax Law" as amended and in force and effect on October 1, 1951. SEGTION 4. ADOPTION OF STATE USE TAX LAW BY REFERENCE. EXCEPTIONS. All of the provisions of the "Sales and Use Tax Law" -1-