§ 3-5.307. Penalties and interest.

(a)

Original delinquencies. Any operator who shall fail to remit the tax imposed by the provisions of this article within the time required shall pay a penalty of ten (10%) percent of the tax in addition to the amount of the tax.

(b)

Continued delinquencies. Any operator who shall fail to remit any delinquent remittance on or before thirty (30) days following the date on which the remittance first became delinquent shall pay a penalty in the amount of ten (10%) percent of the tax in addition to the amount of the tax and the ten (10%) percent penalty first imposed.

(c)

Fraud. For the fraudulent nonpayment of any remittance, a penalty in the amount of twenty-five (25%) percent of the amount of the tax shall be imposed in addition to the penalties set forth in subsections (a) and (b) of this section.

(d)

Interest. In addition to the penalties imposed, any operator who shall fail to remit any tax imposed by the provisions of this article shall pay interest at the rate of one-half (½) of one percent per month on the amount of the tax, exclusive of penalties, from the date on which the remittance first became delinquent.

(e)

Penalties and interest merged with tax. Every penalty imposed, and such interest as accrues, pursuant to the provisions of this section shall merge and become a part of the tax required to be paid by the provisions of this article.

(§§ 20 through 24, Ord. 12)