(A) If, for any reason, any tax due under this subchapter is not paid when due, a penalty of 18% per annum shall be assessed against the unpaid amount. The amount shall be added to the amount due and collected from the owner, firm, manager or operator of the motel or hotel which has failed to pay the tax when due.
(B) Upon first determining that a return has not been filed when due or that a payment of taxes has not been made when due, the Treasurer of the city shall immediately compute the penalty then due and issue a statement of unpaid taxes and/or notice of failure to file return to the owner, firm, manager or operator of motel or hotel accommodations with the city with a copy of the notice and/or statement to the Mayor of the city.
(Prior Code, § 36.088) (Ord. 97-O-1597, passed 1-2-1997)