Any vendor who fails to remit any tax imposed by this chapter within the time required shall pay a penalty equal to ten percent of the amount of tax, in addition to the tax. In addition to the penalty imposed, any vendor who fails to remit any tax imposed by this chapter shall pay interest at the rate of one-half of one percent per month, or fraction thereof, on the amount of tax, exclusive of penalties, from the date on which the remittance first became delinquent until it is paid. No penalty provided under the terms of this chapter shall be imposed during the pendency of any hearing provided for in Section 884.10, nor during the pendency of any appeal to the Mayor provided for in Section 884.11.
(Ord. 1995-146. Passed 10-2-95.)