191.10 INTEREST AND PENALTIES.

   (a)   All taxes imposed by this section and remaining unpaid after they become due shall bear interest, in addition to the amount of the unpaid tax, at the rate of 0.25% per month until paid in full, regardless of an extension.

(Ord. 62-12. Passed 12-17-12.)

      (1)   If the employer is a corporation, any officer may be charged individually and/or in his/her capacity as said officer of said corporation under Section 191.99 for the corporation’s failure to comply with Chapter 191.

         (Ord. 11-05. Passed 3-28-05.)

   (b)   A penalty shall not be assessed on an additional assessment made by the Income Tax Director when a return has been filed in good faith and the tax paid thereon within the time prescribed by the Income Tax Director. Further, in the absence of fraud, neither penalty nor interest shall be assessed on any additional tax assessment resulting from a federal audit, provided an amended return is filed and the additional tax is paid within three months after final determination of the federal tax liability.

   (c)   Upon the recommendation of the Income Tax Director, the Board of Review may abate penalty, or interest, or both. Upon appeal from the refusal of the Income Tax Director to recommend abatement of penalty or interest, the Board may nevertheless abate penalty or interest, or both.

(Ord. 62-04. Passed 11-22-04.)