§ 102-314. Penalties and interest.

(a)

Original delinquency. Any operator who fails to remit any tax imposed by this division within the time required shall pay a penalty of ten percent of the amount of the tax in addition to the amount of the tax.

(b)

Continued delinquency. Any operator who fails to remit the tax on or before the 30th day following the date on which the tax first became delinquent shall pay a second delinquency penalty of ten percent of the amount of the tax in addition to the amount of the tax and the ten percent penalty first imposed. An additional penalty of ten percent of the amount of the tax shall be paid for each additional 30-day period or part thereof during which the tax shall be delinquent, provided that the total penalty imposed by subsection (a) of this section and this subsection shall not exceed 50 percent of the amount of the tax. This penalty shall be in addition to the tax and interest imposed by this division.

(c)

Fraud. If the finance director determines that the nonpayment of any tax due under this division is due to fraud, a penalty of 50 percent of the amount of the tax shall be added thereto in addition to the penalties stated in subsections (a) and (b) of this section.

(d)

Interest. In addition to the penalties imposed, any operator who fails to remit any tax imposed by this article shall pay interest at the highest legal rate of interest permitted by law, on the amount of tax, exclusive of penalties, from the date on which the tax first became delinquent until paid.

(e)

Penalties merged with tax. Every penalty imposed and such interest as accrues under the provisions of this section shall become a part of the tax required to be paid.

(f)

Reporting fee. Returns filed late where no tax is due will be charged a late reporting fee of $50.00, as specified in appendix A.

(Code 1964, § 41-51; Ord. No. 93-2847, § 5, 5-5-93; Ord. No. 2014-3846, § 1, 3-5-14)