(a) Taxes collected from a tenant which are not remitted to the Director of Finance on or before the due dates provided in this article are delinquent. Taxes payable hereunder for periods other than quarterly periods shall be deemed delinquent at the times designated by the Director of Finance in his rules and regulations.
(b) Interest and penalties for delinquency in remittance of any tax collected, or any deficiency determination shall attach and be paid by the person required to collect and remit at the rates and in the same manner as is provided in Sec. 21.05 of this chapter for delinquency in payment of Business Tax.
(c) The Director of Finance shall have power to impose additional penalties upon persons required to collect and remit taxes under the provisions of this Article for fraud or negligence in reporting and remitting in the same manner and at the same rates as are provided in Sec. 21.05 of this Chapter for such penalties upon persons required to pay Business Tax.
(d) (Amended by Ord. No. 174,085, Eff. 8/19/01.) For collection purposes only, every penalty imposed and such interest as accrues under the provisions of this section shall become a part of the tax herein required to be remitted.