In addition to interest as provided in Section 128.1501, penalties based on the unpaid tax or installments of estimated tax are hereby imposed as follows:
(a) For failure to pay taxes or estimated taxes due, other than taxes withheld: one percent (1%) per month or fraction of a month thereof, but not less than twenty-five dollars ($25.00).
(b) For failure to remit taxes withheld from employees: ten percent (10%) per month or fraction of a month thereof, but the accumulated penalty shall not exceed fifty percent (50%) upon any unpaid amount and shall not be less than twenty-five dollars ($25.00).
(c) A Penalty of twenty-five dollars ($25.00) shall be assessed for failure to file an income tax return. This penalty shall be in addition to any other penalties that may be assessed. (Ord. 71-10. Passed 11-1-10.)