In absence of proof of a different date, all taxes imposed by this subchapter shall be presumed to be due and payable as of the date of any document effecting a transaction or transfer and shall, if not paid within 30 days of due date, bear interest at the rate of 6% per annum from due date, together with a penalty of 0.5% per month during the first six months after due date that the taxes remain due and unpaid.
(1987 Code, § 114-42) (Ord. 241, passed 3-7-1960)