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2017383WHATCOM COUNTY COUNCIL AGENDA BILL CLEARANCESInitialDate Received in Council OfficeDateMKt 'originator:NO. Agenda Date11/21/1712/5/17llVtAssigned to: Finance/Council Consent Agenda:Division
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MKTT stands for Market Transaction Tax, which is a tax imposed on transactions that occur in a market.
Anyone engaging in taxable transactions in the market is required to file MKTT.
MKTT can be filled out online through the designated tax portal or manually using the official forms provided by the tax authority.
The purpose of MKTT is to generate revenue for the government and regulate market transactions.
MKTT requires reporting of transaction details, parties involved, transaction amount, and tax calculation.
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