If any person shall fail or refuse to remit to the County Treasurer the tax required to be collected and paid under this subchapter within the time and in the amount specified in this subchapter, there shall be added to such tax by the County Treasurer a penalty in the amount of 10% for the first month the taxes are past due, and 5% for each month thereafter, up to a maximum of 25% of the taxes collected but not remitted, and interest thereon at the rate of 10% per annum, which shall be computed upon the taxes and penalty from the date such taxes are due and payable.
(Ord. passed 6-10-1985; Am. Ord. passed 6-19-2007; Am. Ord. passed 8-13-2007; Am. Ord. passed 1-10-2012)