Any vendor who fails to file a return within the time required in Section 197.09 shall pay a penalty of five hundred dollars ($500.00), to be paid with the remittance of the tax. Any vendor who fails to remit any tax imposed by this chapter within the time required shall pay a penalty equal to twenty-five percent (25%) of the amount of the tax, in addition to the tax. In addition to such penalty, any vendor who fails to remit any tax imposed by this chapter shall pay interest at the rate of twenty-five percent (25%) per annum, or fraction thereof, on the amount of tax, exclusive of penalties, from the date on which the remittance first became delinquent until paid.No penalty provided under the terms of this chapter shall be imposed during the pendency of any hearing provided for in Section 197.11, nor during the pendency of any appeal to the Mayor provided for in Section 197.12.
(Ord. 2004-149. Passed 5-27-04.)