§ 196.20  Penalties
   (a)   Failure to File.
      (1)   A penalty of five percent (5%) of the tax collected for the relevant reporting period shall be assessed for each month, or portion thereof, that the return is not filed after becoming due, up to a maximum penalty of twenty-five percent (25%) of the tax collected for that reporting period.
      (2)   The tax collected for the relevant reporting period shall be the amount of tax that should have been reported without deduction of any payments for the period that were received in advance of filing.
   (b)   Failure to Pay. A penalty of one percent (1%) of the amount of tax remaining unpaid after become due shall be assessed for each month, or portion thereof, that such tax is not paid in full.
   (c)   Timing of Penalty. Any penalty assessed by this section shall be first applied on the first day the return or tax becomes past due and on every first day on the following months thereafter under the terms of such penalty.
   (d)   Penalties Not Compounded. Penalty amounts due pursuant to this section shall not be compounded by adding any such penalty to the balance of unpaid tax due.
   (e)   Penalties Not Applied to Interest. Penalties assessed under this section shall not apply to the portion of the unpaid balance comprised of accumulated interest assessed under this chapter.
(Ord. No. 878-09. Passed 7-1-09, eff. 7-8-09)