In addition to interest as provided in Section 171.1501, 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 (10%) per annum, but not less than twenty-five dollars ($25.00).
   (b)   For failure to remit taxes withheld from employees: ten percent (10%) per month or fraction thereof, but accumulated penalty shall not exceed fifty percent (50%) upon any unpaid amount and shall not be less than twenty-five dollars ($25.00).
(Ord. 36-83. Passed 11-14-83.)