In addition to interest as provided in Section 890.23, penalties based on the unpaid tax are hereby imposed as follows:
(a) For failure to pay taxes or estimated taxes due, other than taxes withheld: ten percent per year, but not less than five dollars ($5.00); and
(b) For failure to remit taxes withheld from employees: ten percent per month or fraction thereof, but the accumulated penalty shall not exceed fifty percent of any unpaid amount and shall not be less than five dollars ($5.00).
(Ord. 79-55. Passed 2-19-80.)