(a) If any part of any underpayment of tax imposed by this chapter is due to fraud, there shall be added to the tax an amount equal to fifty percent of the underpayment.
(b) In the case of failure to record a declaration required under this chapter on the date prescribed therefor, unless it is shown that such failure is due to reasonable cause, there shall be added to the tax five percent of the amount of such tax if the failure is not for more than one month, with an additional five percent for each additional month or fraction thereof during which such failure continues, not to exceed fifty percent in the aggregate.
(Ord. 2008. Passed 3-17-87.)