In addition to interest as provided in Section 191.23, penalties based on the unpaid tax or installments of estimated tax are hereby imposed as follows:
(a) For failure to pay taxes or estimated taxes due, other than taxes withheld, ten percent per year, but not less than five dollars ($5.00);
(b) For failure to remit taxes withheld from employees, ten percent per month or fraction thereof. The accumulated penalty shall not exceed fifty percent upon any unpaid amount and shall be not less than five dollars ($5.00).
(Ord. 621. Passed 10-9-72.)