If any person fails to timely file a return, as required by this subchapter, the City Treasurer shall make an estimate of the amount of the gross receipts upon which the tax is determined. Such estimates shall be made for the period for which such person failed to make a return and shall be based upon any information which is in the City Treasurer’s possession or may come into his or her possession or such other information as may have a bearing upon the determination of gross receipts. On the basis of this estimate the City Treasurer shall compute and determine the amount required to be paid to the City, adding to the sum thus arrived at a penalty equal to 10% thereof. Such determination may be made for each quarterly period for which no return is filed. Such penalty shall be due upon written notice to the business entity or person owing the tax and shall not be in lieu of the tax due hereunder.
(Ord. 708/95, passed 3-8-95; Am. Ord. 1008, passed 9-6-16)