Ordinance No. 19276 - Laserfiche WebLink

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/9z ~-6 to the delinquency of a tax under section 3.7007}, the finance officer or his designee may, for goad cause, extend for not more than one month the time far filing a return and making payment of a tax due under sectian 3.700~~}, ~3~, (4), or ~5}. A person to whom such an extension is granted shall pay interest at the rate of one and one-half percent ~~-1/2%~ per month an the amount of tax due, without proration for a fraction of a month. ~f a return is not filed ar the tax and interest due is not paid by the end of the extended time, then the interest shall become a part of the tax for computation of late penalty under sectian 3.740. 3.740 Downtown Develo ment~District Tax - Late Penalty, A person who has not been granted an extension of time under sectian 3.735 and who fails to pay the tax due under sectian 3.700~~~, ~3}, ~4~, or ~5 pr7or to the date of delinquency, or at the end of a granted extended time fails to remit the tax and interest due, shall pay a late penalty of an additional ten percent ~10~~ on the total of the amount of tax, plus interest due. ------3.741 Downtown Deve1 o ment District Tax - Penalty for Fraud. ~~~ Tf the finance officer determines, in accordance with this section, that the nonpayment of a remittance due under sections 3,700 to 3.740 of this Cade is due to fraud or intent to evade a requirement of those sections, there shall be added to the tax a fraud penalty of twent - five percent ~5~ of the amount of t ~ ~ ~ ~ he tax due under sections 3.700 to 3.735 far the quarter during which the fraud or intent to evade occurs, in add~t~on to the late penalty due under section 3.740. ~2~ If a person fails or refuses to pay the business tax, makes a fraudulent return, or otherwise attempts to evade the requirements of the Code or the rules and regulations of the finance officer regarding the tax, the finance officer shall obtain facts and information an which to base a determination of the amount of business tax due f ram the person. As soon as the finance officer determines that amount, he shall determine and assess against the person the tax, interest thereon, and penalties therefore due from the person under this Code. ~3~ After the determination is made, the finance officer shall give the person written notice of the amount so assessed. The determination shall be made and the notice mailed within three years after discovery by the finance officer of any fraud, intent to evade, or failure or refusal to make payment of the tax. The amount so determined becomes due upon receipt of the notice, and the determination becomes final within ~0 days after the receipt of the notice, After expiration of the ~0 days, if the person fails to pay the amount due, he may be fined fifty dollars x$50.00} per day so long as the failure continues. (4~ A person against whom a determination is made under this section or a person financially interested in the determination may petition the finance officer fora review of the determination, if the petition is fled before the determination becomes final. ~f the petition is so filed, the finance officer shall reconsider the determination, and, if the person has so requested in his petition, shall grant the person an oral hearin g and give him ~0 days' notice of the time and place of the hearing. The finance officer may increase or decrease the amount of the determination as a result of the hearing. If an increase is determined, it shall be paid immediately after the hearing. Ordinance - 5