§ 150-1106. Delinquency.

Latest version.

(a)

In case of any failure to make a report or to make payment of the license tax in full as required by this article, before June first of any year in which the report or license tax is due, a penalty of five percent per month shall be added to the amount of tax due and payable to the director of the department of finance along with the tax due. The director of finance may waive the payment of the penalty if he finds that failure to pay was due to some unforeseen or unavoidable reason, other than mere neglect.

(1)

The amount of any monetary penalty assessment pursuant to this section shall not be greater than 25 percent of the total amount of the tax due.

(2)

When a payment is more than six months delinquent, the director of the department of finance may revoke the authority of the delinquent taxpayer and all of the taxpayer's agents to do business in this city.

(Code 1956, § 70-22; Ord. No. 19,940, § I, 12-1-00)

                    
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