(a) All taxes imposed and all moneys withheld or required to be withheld by employers under the provisions of this chapter and remaining unpaid after they become due shall bear interest as specified by Article III, A., 2., h. and Article III, B., 2., a. (3) of the Income Tax Rules and Regulations.
(b) In addition to interest as provided in subsection (a) hereof, penalties are hereby imposed as specified by Article III, A., 2., h. and Article III, B., 2., a., (3) of the Income Tax Rules and Regulations.
(Ord. 89-72, passed 11-21-1989)