If a taxpayer that has made the election allowed under Section 192.57 of the Codified Ordinances fails to pay any tax as required under Sections 192.57 to 192.72 of the Codified Ordinances, or any portion of that tax, on or before the date prescribed for its payment, interest shall be assessed, collected, and paid, in the same manner as the tax, upon such unpaid amount at the rate per annum prescribed by RC 5703.47 from the date prescribed for its payment until it is paid or until the date an assessment is issued under Section 192.67 of the Codified Ordinances, whichever occurs first.
(Ord. No. 120-18. Passed 2-5-18, eff. 2-6-18)
Note: Pursuant to Section 3 of Ord. No. 120-18, "if any provision of the H.B. 49 municipal income tax provisions is found unconstitutional, or the effectiveness of any provision of H.B. 49 is stayed or enjoined, that the provisions adopted in Section 2 of this ordinance shall likewise be stayed or ineffective."