(A) As amended, 68 O.S. § 217 is hereby adopted and incorporated by reference as a part of this subchapter; 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 subchapter.
(B) The failure or refusal of any taxpayer to make and transmit the report and remittances of tax in the time and manner required herein shall cause such tax to be delinquent. In addition, if any such delinquency continues for a period of five days, the taxpayer shall forfeit his or her claim to any discount allowed hereunder.
(Prior Code, § 1-73)
Statutory reference:
Related provisions, see 68 O.S. § 217