A person who fails to pay or remit the tax or to file the remittance return required by this chapter shall be subject to the following interest and penalties.
(A) Any tax not paid or remitted when due shall bear interest at the rate of 2% per month or fraction thereof, until the tax is paid or remitted.
(B) In addition to any interest charged, any person who fails to pay or remit the tax when due shall be subject to a late penalty of 10% of the tax, unless a late filing penalty is due as provided in division (C) hereof.
(C) In addition to any interest charged, any person who fails to file a remittance return when due shall be subject to a late filing penalty of 10% of the total tax liability for the reporting period.
(Ord. 88-04, passed 4-12-1988)