A. Timely Payment Required; Specific Penalty: If any tax imposed by this chapter is not paid within the time herein specified for the payment, or any extension thereof, there shall be added thereto a specific penalty equal to ten percent (10%) of the amount remaining unpaid.
B. Additional Delinquent Penalty: In case of any failure to make and file a return within the time prescribed by this chapter, unless it is shown that such failure is not due to wilful neglect, there shall be added to the tax, in addition to the ten percent (10%) specific penalty provided in subsection A of this section, ten percent (10%) if the failure is for not more than thirty (30) days with an additional five percent (5%) for each additional thirty (30) days or fraction thereof during which failure continues, not exceeding twenty five percent (25%) in the aggregate. If the penalty as computed does not exceed ten dollars ($10.00), a minimum penalty of ten dollars ($10.00) shall be assessed. The amount so added to any tax shall be collected at the same time and in the same manner and as a part of the tax unless the tax has been paid before the discovery of the negligence, in which case the amount so added shall be collected in the same manner as the tax.
C. Failure To File; Misinformation: If any person wilfully fails to file any return or make any payment required by this chapter, or wilfully files a false or fraudulent return or wilfully attempts in any manner to evade or defeat any such tax or payment thereof, there shall also be imposed as a penalty an amount equal to fifty percent (50%) of any tax (less amounts paid on the basis of such false or fraudulent return) found due for the period to which such return related. The penalty imposed by this subsection shall be collected as part of the tax, and shall be in addition to any other penalties provided by this chapter.
D. Disposition Of Payment: All payments received shall be credited first to penalties, next to interest, and then to the tax due. (Ord. 18, 2nd Series, 5-4-1993)