(1) The Department may prescribe by regulation the terms and conditions under which returns are to be filed by the taxpayer electronically, and under which payments are to be made to the City by electronic funds transfer (EFT), including requirements for mandatory electronic filing, or payment by EFT, where appropriate in light of the size or frequency of the liability or payment. EFT includes automated clearinghouse debits, automated clearinghouse credits, and any other means that may be available to obtain funds due the City in the most expeditious manner.
(2) A taxpayer who fails to comply with a mandatory electronic filing requirement shall, in addition to any penalties owing under subsection 19-509(4)(e), be subject to a penalty of five hundred dollars ($500).
(3) A taxpayer who fails to comply with a mandatory electronic payment requirement shall, in addition to any interest, penalties and fees owing under Section 19-509, be subject to a penalty, as follows:
(a) If the amount to be paid electronically does not exceed ten thousand dollars ($10,000): five percent (5%) of the amount to be paid electronically.
(b) If the amount to be paid electronically is more than ten thousand dollars ($10,000), but less than fifty thousand dollars ($50,000): five hundred dollars ($500).
(c) If the amount to be paid electronically is fifty thousand dollars ($50,000) or more: one percent (1%) of the amount to be paid electronically.
Notes
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