Sec. 36-268. Penalty and interest for late remittance.
If any person shall fail or refuse to remit to the director the tax required to be collected and paid under this division, within the time and in the amount specified in this division, there shall be added thereto a penalty of ten (10) percent of the amount thereof, and interest thereon at the rate of ten (10) percent per annum which shall be computed upon the taxes and penalty from the date such taxes are due and payable. (Ord. No. O-90-130, 5-15-90, eff. 7-1-90; Ord. No. O-95-099, 4-25-95)
Last updated date: 10/23/2006 4:15:21 PM