§ 64-16.604. Delinquent payments.

(a)

A cannabis business tax statement and payment is delinquent if not received by the treasurer-tax collector by the due date. Partial payments are not accepted.

(b)

Any person who fails to timely pay the cannabis business tax shall pay penalties and interest as follows:

(1)

If the cannabis business tax is not paid by the due date, the person shall pay a penalty equal to ten percent of the unpaid cannabis business tax.

(2)

If the cannabis business tax and any associated interest and penalties remain unpaid for more than thirty days after the due date, the person shall pay an additional penalty of twenty-five percent of the unpaid tax, plus interest at the rate of one and one-half percent per month on the unpaid tax.

(3)

Interest will continue to accrue monthly on the unpaid tax until the balance is paid in full.

(c)

If a check or electronic payment is submitted in payment of the cannabis business tax and the payment is subsequently reversed or returned unpaid by the bank for any reason, the taxpayer shall be liable for the tax due, a returned check fee, and the amount of all penalties and interest assessed for late payment of the cannabis business tax.

(d)

Any penalty or interest imposed under this chapter shall become part of the tax required to be paid.

(Ord. No. 2018-22, § I, 11-6-18)