(a) In addition to the penalties applicable under section 19-540, if a taxpayer fails to file a return for a tax imposed by this division for more than six (6) months after the delinquency date of the return and the delinquent tax amount, including amounts that have, under section 19-540(a)(1), become part of the principal amount, is in excess of twenty-five thousand dollars ($25,000.00), the taxpayer shall pay a penalty in an amount equal to one hundred percent (100%) of the unpaid principal.
(b) For the purposes of this section, no reasonable-cause defense shall be applicable, but the tax collector may, in its sole discretion, consider waiver based on the factors in section 19-540(f).
(c) This penalty provision is intended to promote compliance, deter tax evasion, and otherwise mitigate the substantial burden (including but not limited to the time, personnel resources, and expenses) required to address and remedy significant and ongoing taxpayer delinquency under this division. This section will apply to the fullest extent legally permissible and is expressly intended to and shall apply to any delinquent taxes due and owing as of the effective date of this section as well as delinquencies that occur thereafter.
(Ord. No. 11936, § 1, 7-12-22)