2664.4. - PENALTIES AND INTEREST.

Penalties shall apply and interest be due as provided in the following subsections.

Any operator who fails to remit any tax imposed by this Part within the time required shall pay a penalty of 10% of the amount of the tax in addition to the amount of the tax.

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

If the Tax Administrator determines that the non-payment of any remittance due under this Part is due to fraud, a penalty of 25% or the amount of the tax shall be added thereto in addition to the penalties stated in subsections 2664.4.1 and 2664.4.2.

In addition to the penalties imposed, any operator who fails to remit any tax imposed by this Part shall pay interest at the rate of one-half of 1% per month or fraction thereof on the amount of the tax, exclusive of penalties, from the date on which the remittance first became delinquent until paid.

Every penalty imposed and such interest as accrues under the provisions of this Division shall become a part of the tax herein required to be paid.