2017-01-02 - Laserfiche WebLink

Home Browse Search

If the taxpayer fails to comply with certain provisions of this ordinance, then the following penalties and additions to the tax shall be applicable: A) In the case of the taxpayer's failure to file the A&P tax return and pay the tax due on or before the delinquency date, determined with regard to any extension of time for filing thereof, unless it is shown that the failure is due to reasonable cause and not to willful neglect, there shall be added to the amount required to be shown as tax on A&P tax return five percent (5%) of the A&P tax if the failure is not more than one (1) month past the delinquency date, with an additional five percent (5%) for each additional month or fraction thereof during which the failure continues, not to exceed thirty-five percent(35%) in the aggregate. B) In addition to any penalty assessed hereunder, simple interest on any paid A&P tax shall be assessed at the rate of ten percent (10%)per annum from the delinquency date. SECTION 13: Examinations and investigations. A) In the administration of this ordinance, the Commission or its designated representatives, for the purpose of determining the accuracy of a return or fixing any liability hereunder, may make an examination or investigation of the place of business, the tangible personal property, equipment, facilities, and the books, records, papers, vouchers, accounts, and documents of any taxpayer or other person. Every taxpayer or other person and his agents and employees shall exhibit to the Commission or its designated representative these places and items and facilitate any examination or investigation. B) No taxpayer shall be subjected to unnecessary examination or investigations and only one (1) inspection of taxpayer's book of accounts shall be made for each taxable year unless the taxpayer requests otherwise or unless the Commission, after investigation, notifies the taxpayer in writing that an additional inspection is necessary. C) (1)When conducting investigation or an audit of any taxpayer, the Commission or its designated representative may, in its discretion, examine the records and files of any person, except where privileged by law, any other business, institution, financial institution, the record of any state agency, agency of the United States government or agency of any other state where permitted by agreement or reciprocity. (2)The Commission or its designated representative may compel production of these records by summons. A summons may be served directly by the Commission or its designated representatives. D) In the administration of this ordinance, the Commission, its Executive Director, or its designated representative may: (1) Administer oaths, conduct hearing, and compel by summons the attendance of witness testimony, and the production of any books, records, papers, or other data of any person or taxpayer; or (2) (a) Examine under oath any person regarding the business of any taxpayer concerning any matter incident to the administration of this ordinance.