Earlier editions: 2026-09
Division 2 — FINANCE AND TAXATION›Part III — TAXATION
Torrance Municipal Code Ch. 29 Construction Tax Law
Torrance Municipal Code · 2026-10 edition · updated 2026-10-05 · Torrance
Cite as: Torrance Municipal Code Chapter 29 · Text as of 2026-10-05
Article 1 — GENERAL¶
229.1.1 PURPOSE.
The City Council of the City of Torrance hereby declares that the taxes required to be paid by this Chapter are assessed pursuant to the taxing power of the City of Torrance, and are solely for the purpose of producing revenue.
229.1.2 CHAPTER TITLE.
This Chapter is known and may be cited as the Construction Tax Law.
Article 5 — CREDITS¶
229.5.1 CREDITS.
The following sums shall be deducted from the amount of tax which is required by the provisions of Article 2 of this Chapter:
a) The amount of tax which has been paid to the City pursuant to Chapter 23 of Division 2 of this Code on account of the proposed construction of the same building or structure.
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