191.11 PENALTY ON LATE RETURNS AND LATE REMITTED TAXES.

   (a)   Any vendor who fails to file a return by the timeline specified in Section 191.07 of this chapter shall pay a one-time penalty of five hundred dollars ($500.00), to be paid with the remittance of the tax.

   (b)   Any vendor who fails to remit any tax imposed by this chapter by the timeline specified in Section 191.07 of this chapter shall pay a penalty equal to ten percent (10%) of the amount of the tax, in addition to the tax.

   (c)   In addition to such penalty, any vendor who fails to remit any tax imposed by this chapter within such time line shall pay interest at the rate of ten percent (10%) per annum, or fraction thereof, on the amount of tax, exclusive of penalties, from the date on which the remittance first became delinquent until fully paid.

   (d)   No penalty provided under the terms of this chapter shall be imposed during the pendency of any hearing provided for in Section 191.12 of this chapter.

(Ord. 2018-096. Passed 8-23-18.)