(A) For failure to pay a license tax, a penalty fee of 15% shall be added on the last day of each month after the due dates as set forth in § 5.04.390 of this chapter. The amount of the penalty to be added shall no event exceed 90% of the license fee due. The penalty fees shall be added if the license fee is not received by the License Tax Collector prior to:
(1) Annual fees. 5:00 p.m. on July 31 of each year;
(2) Semiannual fees. 5:00 p.m. on January 31 and July 31 of each year;
(3) Quarterly fees. 5:00 p.m. on January 31, April 30, July 31 and October 31 of each year;
(4) Monthly fees. 5:00 p.m. on the last day of each month;
(5) Weekly fees. 5:00 p.m., Friday of each week; and
(6) Daily. 5:00 p.m. daily.
(B) For the purpose of this section, payments made through the mail shall be considered to have been received by 5:00 p.m. on the day they are postmarked.
(1995 Code, § 5.04.400)