173.31 UNPAID TAXES RECOVERABLE AS OTHER DEBTS.

   (a)   All taxes imposed by this chapter shall be collectible, together with any interest and penalties thereon, by suit, as other debts of like amount are recoverable. Except in the case of fraud or omission of twenty-five percent or more of income subject to this tax or of failure to file a return, an additional assessment shall not be made after three years from the time the return was due or filed, whichever is later, provided, however, that in those cases in which a Commissioner of Internal Revenue and the taxpayer have executed a waiver of the Federal statute of limitation, the period within which an additional assessment may be made by the Tax Administrator shall be one year from the time of the final determination of the Federal tax liability.

   (b)   The Tax Administrator is hereby authorized, in addition to his other duties, to institute civil law suits to collect delinquent taxes due and owing to the City by virtue of the provisions of this chapter. The Tax Administrator is authorized to waive penalties and interest, compromise tax liability and accept waivers of statutes of limitations.

(Ord. 2004-218. Passed 12-21-04.)