(a) All taxes imposed by this chapter, including taxes withheld or required to be withheld from wages by any employer, and remaining unpaid after they have become due, shall bear interest on the amount of the unpaid tax at the rate of twelve percent (12%) per annum and the taxpayer upon whom such taxes are imposed, and the employers required by this chapter to deduct, withhold and pay taxes imposed by the chapter shall be liable, in addition thereto, to a penalty of one percent (1%) of the amount of the unpaid tax for each month or fraction of a month of nonpayment, or twenty-five dollars ($25.00), whichever is greater. Upon recommendation of the Director of Finance, the Board of Review may abate interest or penalties or both, and upon appeal from the refusal of the Director of Finance to so recommend, the Board may nevertheless abate interest or penalty, or both. (Ord. 2012-13. Passed 5-7-12.)
(b) No penalty or interest shall be charged against a taxpayer for the late payment or nonpayment of estimated tax liability if the taxpayer is an individual who resides in the municipal corporation but was not domiciled there on the first day of January of the current calendar year, or if the taxpayer has remitted through estimated payments or otherwise a total amount which is at leasat equal to one hundred percent (100%) of the taxpayer’s tax liability for the preceding year as shown on the return filed by the taxpayer for that preceding year, provided that the return for the preceding year reflected a twelve month period and the taxpayer filed a return for the preceding year. (Ord. 2004-64. Passed 12-20-04.)
(c) In the event that a taxpayer has failed to timely submit payment of any taxes imposed by this Chapter, necessitating the Director of Finance’s instituting collection proceedings, an administrative fee consisting of the direct costs incurred in pursuing collection, shall also be assessed against the taxpayer.
(Ord. 2012-13. Passed 5-7-12.)