Seattle Rule 5-005

Time payments.

(1) Time payments authorized. All payments of taxesimposed under Title 5 of the Seattle Municipal Code are due and payable inaccordance with the provisions contained therein. Payment of the full amount oftax, penalties, and interest due may be made in separate installments only whenall of the following conditions are met:

(a) The taxpayer has made a good faith response to adebit note, demand letter, audit assessment or other request by the Directorfor payment prior to the taxpayer's request for partial payment; or thetaxpayer's failure to respond is the result of events beyond the control of thetaxpayer, as determined by the Director;

(b) The taxpayer has made a written request to pay allamounts due on a payment schedule; and

(c) The taxpayer agrees that the full amount of the tax,penalties and interest is due, including additional penalties that may becomedue as the case may be, as well as interest accruing until the date of finalpayment (see paragraph (3), below), and waives his or her right to contest thevalidity of the tax.

(2) Time payment agreements. If the Director determinesthat a taxpayer meets all of the conditions in subsection (1) of this rule, theDirector, for good cause, may enter into a time payment agreement with thetaxpayer. The agreement shall be made on a form or in a format provided by theDepartment, and shall contain the following:

(a) The principal amount of business license taxcertificate fees, tax, penalties, and interest to be financed;

(b) The date that the debt is to be fully paid, which inno case shall exceed two years measured from the date of first payment to thedate of last payment (generally, the term is one year);

(c) The amount of each periodic payment;

(d) The due date of each periodic payment;

(e) A waiver of the taxpayer's right to contest thevalidity of the tax;

(f) A statement by the taxpayer that he or she willremain current with post-agreement tax obligations; and

(g) Any other terms and conditions that the Directorconsiders reasonably necessary to effectuate collection of the tax.

(3) Interest and penalties. Interest shall continue toaccrue on the unpaid balance of any time payment agreement at the rate setforth in SMC 5.55.090 until paid in full. Scheduled payments received late aresubject to additional penalties as set forth in SMC 5.55.110. Interest shall becalculated on the tax liability only.

(4) Application of payments. The Director in all casesshall apply payments first against all business license tax certificate fees,then against penalties, then against accrued interest, and finally upon thetax.

(5) Default. The time payment agreement shallautomatically terminate and the remaining balance of fees, taxes, penalties,and interest shall become immediately due and payable if the taxpayer defaultson his or her time payment agreement by:

(a) Failing to timely make any scheduled payment inaccordance with the payment schedule; or

(b) Failing to timely and fully pay any other obligationdue the Department when and as they become due.

DIRECTOR'S CERTIFICATION

I, Glen M. Lee, Finance Director of the City ofSeattle, do hereby certify

under penalty of perjury of law, that the within andforegoing is a true and

correct copy as adopted by the City of Seattle,Department of Finance and

Administrative Services.

     DATED this ______ day of July 2016.

                              CITY OF SEATTLE,

                              a Washingtonmunicipality

                         By:    ____________________________________

                                Glen M. Lee,Finance Director

                                Department ofFinance and Administrative Services

Effectivedate: July 14, 2016