Exemptions from the imposition of the tax imposed hereunder shall be only such exemptions as are adopted and implemented by the State Department of Revenue. In addition to penalties and interest charges which may be imposed by the State Department of Revenue pursuant to law, any person, individual or entity who fails to collect, report and pay to the Department of Revenue the tax imposed under this subchapter shall also be subject to penalties as provided under §§ 10.12 and 10.99.
(Prior Code, § 3-7-6) (Ord. 558, passed 9-17-2001)