The provisions of 68 O.S. § 217 are hereby adopted and made a part of this article, and interest and penalties at the rates and in the amounts as therein specified are hereby levied and shall be applicable in cases of delinquency in reporting and paying the tax levied by this article. Provided, that the failure or refusal of any retailer or vendor to make and transmit the reports and remittances of tax in the time and manner required by this article shall cause such tax to be delinquent. In addition, if such delinquency continues for a period of five days, the retailer or vendor shall forfeit his or her claim to any discount allowed under this article.
(Prior Code, § 20-111) (Ord. 813, passed 3-1-1996)
Statutory reference:
Penalties and interest, see 68 O.S. § 217