185.99 PENALTY.

   (a)   Any vendor who fails, within the time required by this Chapter, to make and file any return or to make any remittance required under this Chapter shall pay a penalty equal to ten percent (10%) of the amount of the tax due. Said penalty shall be in addition to the tax.

   (b)   All taxes imposed pursuant to this Chapter, including estimated taxes, remaining unpaid after they become due, shall bear interest at the rate of

1 ½% per month or fraction thereof until paid in full. No such interest shall be assessed on an audit adjustment when the return has been timely filed and the tax due thereon has been paid at the time of filing.

   (c)   Any person who violates any provision of this Chapter shall be guilty of a misdemeanor of the first degree.

(Ord. 2011-010. Passed 4-5-11.)