(a) All taxes deducted by an employer or required to be deducted and withheld by an employer pursuant to Section 1703.06 remaining unpaid after they become due shall result in the assessment of a penalty of fifty percent (50%) of the amount of the unpaid tax.
(b) All taxes deducted by an employer or required to be deducted and withheld by an employer and remaining unpaid after they become due pursuant to Section 1703.06 (c)(1), (c)(2) and (c)(3) shall bear interest on the amount of unpaid tax at the rate of six percent (6%) per year or fraction thereof.
(Ord. 24-2002. Passed 6-17-02.)