191.10 INTEREST AND PENALTIES.

   (a)    All taxes imposed by this chapter, including taxes withheld from wages by an employer, remaining unpaid after they have become due, shall bear interest in addition to the amount of the unpaid tax, at the rate of one percent (1%) per month.

   In addition to interest, penalties are hereby imposed as follows:

      (1)   For failure to pay taxes due by the due date, other than taxes withheld, one percent (1%) of the unpaid balance per month or fraction of a month.

      (2)   For failure to file a return by the due date or by the date resulting from extension, twenty-five dollars ($25.00).

      (3)   For failure to remit taxes withheld or required to be withheld from employees, three percent (3%) of the unpaid balance per month or fraction of a month.

      (4)   For late payment of wage withholding by an employer, one hundred dollars ($100.00).

      (5)   The City Finance Director may waive any penalties and/or interest as he in his discretion deem proper.

   (b)    Each year, during the month of January, the Director may choose to publish in a newspaper of general circulation within the City, a list of persons who are delinquent in the payment of their City Income Tax or who have otherwise failed to comply with the income tax regulations; provided that such persons have been notified by certified mail of the date of publication within thirty days prior to publication.

(Ord. 04-253. Passed 12-21-04.)