(a) All taxes imposed by this chapter, including taxes withheld from wages by an employer and remaining unpaid after they have become due, shall bear interest on the amount of the unpaid tax at the rate of six percent (6%) per annum, and the taxpayers upon whom said taxes are imposed, and the employers required by this chapter to deduct, withhold and pay taxes imposed by this chapter shall be liable, in addition thereto, to a penalty of one-half of one percent of the amount of the unpaid tax for each month or fraction of a month, or five dollars ($5.00) per month or fraction of a month, whichever is greater.
(b) In the case of a taxpayer who fails to file his/her return when due, and who is
not otherwise exempt from the filing requirement, the Finance Director may impose an administrative penalty of twenty-five dollars ($25.00) for the first untimely filing and fifty dollars ($50.00) for each subsequent untimely filing, in addition to any other penalties which may otherwise be imposed.
(Ord. 06-49AC. Passed 6-19-06.)
(c) The Board of Review shall have the authority to abate interest or penalties, or both.
(Ord. 09-80AC. Passed 10-19-09.)