Finance Charges – Must a city or county pay finance charges?
Yes, if it does not pay a bill within 30 days. RCW 39.76.011(1) says, in part: every state agency, county, city, town, school district, board, commission, or any other public body shall pay interest at a rate of one percent per month, but at least one dollar per month, on amounts due on written contracts for public works, personal services, goods and services, equipment, and travel, whenever the public body fails to make timely payment. Finance – Gambling Tax • May a city differentiate in the gambling tax rate for punchboards and pull-tabs between commercial businesses and nonprofit organizations? Yes. This is clearly provided in RCW 9.46.110(3)(e). That statute provides that taxation of punchboards and pull-tabs for charitable or non-profit organizations is based on gross receipts from the operation of the games less the amount awarded as cash or merchandise prizes, and shall not exceed a rate of ten percent. In regard to commercial operators, the tax may be based on gross receipts fr