District of Columbia § 47-4668 BID corporation – tax exemptions.

District of Columbia Statutes

§ 47-4668 — BID corporation – tax exemptions.

District of Columbia § 47-4668

Title 47Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]

Ch. 46Special Tax Incentives.

This text of District of Columbia § 47-4668 (BID corporation – tax exemptions.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 47-4668 (2026).

Text

(1)Except as provided in subsection (b) of this section, a BID corporation, as defined in § 2-1215.02(4) , its real and personal property, income, and transactions, shall be exempt from District taxation, including, without limitation, sales, use, franchise, gross sales or receipts, income, personal or real property, transfer, or excise taxes.

(2)A BID corporation shall obtain a certificate of exemption from the Mayor, as required by law or regulation.

(b)A BID corporation shall not be exempt from employment or withholding taxes.

(c)The Council orders that all unpaid taxes described in subsection (a)(1) of this section, including any interest, penalties, fees, and other related charges assessed from May 29, 1996, through the effective date of this section be forgiven.

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(1) Except as provided in subsection (b) of this section, a BID corporation, as defined in § 2-1215.02(4) , its real and personal property, income, and transactions, shall be exempt from District taxation, including, without limitation, sales, use, franchise, gross sales or receipts, income, personal or real property, transfer, or excise taxes.

(2) A BID corporation shall obtain a certificate of exemption from the Mayor, as required by law or regulation.

(b) A BID corporation shall not be exempt from employment or withholding taxes.

(c) The Council orders that all unpaid taxes described in subsection (a)(1) of this section, including any interest, penalties, fees, and other related charges assessed from May 29, 1996, through the effective date of this section be forgiven.