BID corporation – tax exemptions. (a)(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. (July 17, 2018, D.C. Law 22-133, § 2(b), 65 DCR 5765; July 12, 2022, D.C. Law 24-147, § 144, 69 DCR 003386.)
District of Columbia Legal Code