Williams, Arizona, Transaction Privilege Tax Rate Change
- Jan 23, 2013 | Gail Cole
The change is due to Ordinance Number 932, which was passed by the City Council on December 12, 2012. Ordinance Number 932 does the following:
- Increases the transaction privilege tax to 3.5% for Business Classification (WL 000).
- Eliminates the tax on food for home consumption.
Contracts entered into prior to the effective date of March 1, 2013, will not be affected by this rate increase:
- "Pre-existing Privilege Tax contracts should be reported under the Privilege Tax Contracts … utilizing the newly created Business Classification, (WL 007)... ." They are taxed at the rate of three percent (3.0%).
Ordinance Number 932 replaces Ordinance 929, which was rescinded in September 2012 because it was "posted with insufficient notice… ."
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