In addition to interest as provided in Section 882.25, penalties based on the unpaid tax or installments of estimated tax are hereby imposed as follows:
(a) For failure to pay taxes or estimated taxes due, other than taxes withheld: ten percent per annum, but not less than five dollars ($5.00).
(b) For failure to remit taxes withheld from employees: ten percent per month or fraction thereof, but an accumulated penalty shall not exceed fifty percent upon any unpaid amount and shall not be less than five dollars ($5.00).
(Ord. 53-68. Passed 9-3-68; Ord. 94-71. Passed 12-21-71.)