All taxes imposed and all moneys withheld or required to be withheld by employers and all installments of estimated taxes and all payments of taxes required to be paid under the provisions of this chapter and remaining unpaid after they become due, shall bear interest at the rate of one and one-half percent (1-1/2%) per month until paid. No extension granted by the Administrator to file a return or pay any estimated tax or tax due or the withholding of the same shall suspend the obligation to pay interest as provided in this section.
(Ord. 1983-50. Passed 11-28-83.)