(a) Delinquency. Any operator who fails to remit any tax imposed by this chapter within the time required shall pay a penalty equal to ten percent of the amount of the tax, in addition to the tax.
(b) Fraud. If the Finance Director determines that the non-payment of any remittance due under this chapter is due to fraud, a penalty equal to twenty-five percent of the amount of the tax shall be added thereto, in addition to the penalties stated in subsection (a) hereof.
(c) Interest. In addition to the previous penalties imposed, any operator who fails to remit any tax imposed by this chapter shall pay interest at the per annum prescribed by Section 5703.47 of the Ohio Revised Code, on the amount of the tax, exclusive of penalties, from the date on which the remittance first became delinquent, until paid.
(d) Penalties During Pendency of Hearing or Appeal. All penalties and interest provided under the terms of this chapter shall be imposed and fully charged during the pendency of any hearing provided for in Section 886.10 of this chapter or during the pendency of any appeal to Vermilion City Council provided for in Section 886.11 of this chapter.
(e) Abatement of Interest and Penalty. In cases where a return has been filed in good faith and an assessment has been paid within the time prescribed by the Finance Director, the Finance Director may abate any charges of penalty or interest, or both.
(Ord. 2019-7. Passed 2-25-19.)