ARTICLE X. - RECORDATION TAX


Sec. 40-180. - Imposed.

Pursuant to the authority of Sections 58.1-814 and 58.1-3800 et seq. of the Code of Virginia, and in addition to all other taxes, there is hereby imposed a recordation tax on each taxable instrument recorded in the city, in the amount of one-third (1/3) of the amount of the state recordation tax collectible for the state imposed by Section 58.1-801, paragraph (a), of the Code of Virginia, excepting such instruments as are exempted by Sections 58.1-814 and 58.1-3800 et seq. of the Code of Virginia.

(Ord. No. 40, § 1; Ord. No. 258; Ord. No. 1077; Code 1961, § 16-61)

Sec. 40-181. - Collection.

The tax imposed by section 40-180 shall be collected by the clerk of the circuit court for the city, and paid monthly to the treasurer of the city.

(Ord. No. 40, § 1; Ord. No. 258; Ord. No. 1077; Code 1961, § 16-61)

Secs. 40-182—40-189. - Reserved.