181.07 PENALTIES AND INTEREST.

   (a)    Delinquency. Any operator 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 the tax, in addition to the tax.

   (b)    Fraud. If the Tax Administrator determines that the nonpayment of any remittance due under this chapter is due to fraud, a penalty equal to twenty-five percent of the amount of the tax shall be added thereto in addition to the penalties stated in subsection (a) hereof.

   (c)    Interest. In addition to the previous penalties imposed, any operator who fails to remit any tax imposed by this chapter shall pay interest at the rate of one percent per month, or fraction thereof, on the amount of the tax, exclusive of penalties, from the date on which the remittance first became delinquent until paid.

   (d)    Penalties During Pendency of Hearing or Appeal. No penalty provided under the terms of this chapter shall be imposed during the pendency of any hearing provided for in Section 181.08 nor during the pendency of any appeal to the Board of Review provided for in Section 181.09.

   (e)    Abatement of Interest and Penalty. In cases where a return has been filed in good faith and an assessment has been paid within the time prescribed by the Treasurer, the Tax Administrator may abate any charge of penalty or interest or both.

(Ord. 77-2. Passed 2-22-77; Ord. 2015-48. Passed 11-24-15.)