In addition to interest, as provided in Section 775.23 hereof, penalties based upon the unpaid tax and for unfiled returns or declarations are hereby imposed as follows:
(a) For failure to pay taxes or estimated taxes due, other than taxes withheld: twenty percent (20%) per year, but not less than twenty-five dollars ($25.00);
(b) For failure by an employer to remit taxes withheld from employees: twenty percent (20%) per month or fraction thereof, but accumulated penalty shall not exceed fifty percent (50%) of any unpaid amount and shall not be less than one hundred dollars ($100.00).
(c) For failure or neglect to file any return or declaration required by this Chapter, there shall be assessed a penalty in the amount of fifty dollars ($50.00) for the first instance, seventy-five dollars ($75.00) for the second instance and one hundred dollars ($100.00) for each subsequent instance, provided, however, that this subsection shall not be applied to any offense which occurs prior to the effective date of this section.
(Ord. 1993-63. Passed 3-8-95.)