(A) Tax imposed; rate. There is hereby levied and there shall be paid by every person storing, using or otherwise consuming within the town tangible personal property purchased or brought into the town, an excise tax on the storage, use or other consuming within the town of such property at the rate of 4% of the purchase price of such property.
(Prior Code, § 3-2B-1)
(B) Administration of tax by state. The town has entered into an agreement with the state for the administration of the tax imposed in this section.
(Prior Code, § 3-2B-2)
(Ord. 2005-1, passed 1-10-2005)