In addition to the penalties provided in § 38.026, the failure of any taxpayer to make any required return or to pay the tax imposed upon him or her by this subchapter, either or both, within five days following the prescribed date for the filing of such return or the payment of such tax, shall constitute good cause for Council to revoke or to refuse to renew, either or both, the city license of such taxpayer to engage in the business taxed under this subchapter, as well as any other city business license held by him or her.
(Prior Code, § 711.32)