In addition to interest as provided in Section 183.1501, penalties based on the unpaid tax or installments of estimated tax are hereby imposed as follows:
(a) For failure to pay taxes or estimated taxes due, other than taxes withheld: ten percent per annum, but not less than five dollars ($5.00).
(b) For failure to remit taxes withheld from employees: ten percent per month or fraction thereof, but accumulated penalty shall not exceed fifty percent upon any unpaid amount and shall not be less than five dollars ($5.00).
(Ord. 2005-22. Passed 3-9-05.)