Source: https://development.code.dccouncil.us/dc/council/code/sections/47-1808.14.html
Timestamp: 2019-04-23 08:51:07+00:00

Document:
D.C. Law Library - § 47–1808.14. Retailer property tax relief credit.
↪ Chapter 18. Income and Franchise Taxes.
↪ Subchapter VIII. Tax on Unincorporated Businesses.
↪ § 47–1808.14. Retailer property tax relief credit.
§ 47–1808.14. Retailer property tax relief credit.
(C) Classified, in whole or in part, as Class 2 Property, as defined in § 47-813 and has obtained a Certificate of Occupancy for commercial use.
(D) Classified, in whole or in part, as Class 2 Property, as defined in § 47-813 and has obtained a Certificate of Occupancy for commercial use.
(C) Is current on all District tax filings and payments.
(2) A tax credit equal to the total Class 2 real property taxes, pursuant to § 47-811, paid by the qualified unincorporated business for a qualified retail owned location during the taxable year not to exceed the lesser of the real property tax paid during the taxable year or $5,000.
(c) The credit claimed under this section in any one taxable year may exceed the qualified unincorporated business's tax liability, including any minimum tax due under § 47-1807.02(b), under this chapter for that taxable year and shall be refundable to the qualified unincorporated business claiming the credit.
(2) The qualified rental retail location or qualified owned retail location is exempt from real property tax.
Section 6 of D.C. Law 22-234 provided that the amendments made to this section by D.C. Law 22-234 shall apply as of October 1, 2018.
For temporary (90 days) amendment of this section, see § 5(b) of Fiscal Year 2019 Budget Support Clarification Congressional Review Emergency Amendment Act of 2018 (D.C. Act 22-552, Dec. 31, 2018, 66 DCR 251).
For temporary (90 days) amendment of this section, see § 5(b) of Fiscal Year 2019 Budget Support Clarification Emergency Amendment Act of 2018 (D.C. Act 22-488, Oct. 22, 2018, 65 DCR12046).
For temporary (90 days) amendment of this section, see § 2(b)(2) of Fiscal Year 2019 Budget Support Clarification Emergency Amendment Act of 2018 (D.C. Act 22-488, Oct. 22, 2018, 65 DCR12046).
For temporary (90 days) creation of this section, see § 7252(c) of Fiscal Year 2019 Budget Support Congressional Review Emergency Act of 2018 (D.C. Act 22-458, Oct. 3, 2018, 65 DCR 11212).
For temporary (90 days) creation of this section, see § 7252(c) of Fiscal Year 2019 Budget Support Emergency Act of 2018 (D.C. Act 22-434, July 30, 2018, 65 DCR 8200).
For temporary (225 days) amendment of this section, see § 4(b) of Fiscal Year 2019 Budget Support Clarification Temporary Amendment Act of 2018 (D.C. Law 22-218, Feb. 22, 2019, 65 DCR 12977).

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