(A) Any seller who fails to remit any portion of any tax imposed by this subchapter within the time required shall pay a penalty of 10% of the amount of the tax.
(B) Any seller who fails to remit any delinquent remittance on or before a period of 60 days following the date, on which the remittance first became delinquent, shall pay a second delinquency penalty of 15% of the amount of the tax in addition to the amount of the tax and the penalty first imposed.
(C) If the City Manager determines that the nonpayment of any remittance due under this chapter is due to fraud, a penalty of 25% of the amount of the tax shall be added thereto in addition to the penalties stated in divisions (A) and (B) above.
(D) In addition to the penalties imposed, any seller who fails to remit any tax imposed by this subchapter shall pay interest at the rate of 1% per month or fraction thereof on the amount of the tax, exclusive of penalties, from the date on which the remittance first became delinquent until paid.
(E) Every penalty imposed and such interest as accrues under the provisions of this section shall become a part of the tax required to be paid.
(F) A seller who fails to remit the tax within the required time may petition the City Council for waiver and refund of the penalty or a portion of it. The Council may, if good cause is shown, direct a refund of the penalty or a portion of it. Any such hearing will be conducted under the procedures described in § 34.178.
(Ord. 1310, passed 8-1-2006)