(a) All taxes due from taxpayers and all monies withheld by employers under the provisions of this chapter remaining unpaid after they have become due and payable shall bear interest at the rate of one and one-half percent (1 1/2%) per month or fraction thereof until paid in full unless otherwise provided herein.
(b) In addition to the interest provided in subsection (a) hereof, any taxpayer who or which files a tax return after the normal due date or after the due date as extended as set forth in Section 197.04, shall be penalized a flat amount of twenty-five dollars ($25.00), whether or not tax was due on the return.
(c) Provided further that the Tax Administrator may abate penalty and interest for good cause shown under guidelines established by the Board of Review. The Board of Review may abate interest assessed against a taxpayer who appeals for such abatement under the provisions of Section 197.12 subsequent to a denial of such abatement by the Tax Administrator.
(Ord. 844-7-90. Passed 7-10-90)