§ 13-3. Due and payment dates.

(a)

On January first of each calendar year the license tax herein authorized to be levied shall be due and payable to the collector of municipal taxes, who shall commence collecting the tax from each person pursuing and conducting any business subject to taxation under this article, the constitution and applicable laws of the state. All license taxes levied hereunder shall be due and payable on January first of each calendar year for which the license is due, except that for a new business commencing after January first of any calendar year the first license shall be due and payable on the date the business is commenced.

(b)

All licenses unpaid prior to March first of each calendar year for which they are due, or, in the case of a new business, unpaid on the date such business is commenced, shall be deemed delinquent and subject to the payment of delinquent interest and penalty.

(1)

Interest rate on unpaid taxes due: When any taxpayer fails to pay the tax, or any portion thereof, on or before the due date, interest at the rate of one and one-quarter percent per month shall be added to the amount of tax due, and such interest shall be computed from the due date until the tax is paid.

(2)

Penalties on unpaid taxes due: In addition to the interest charged on delinquent taxes, there shall be imposed a penalty of five (5) percent of the total tax due if the failure to pay or delinquency is for not more than thirty (30) days, with an additional five (5) percent for each additional thirty (30) days or fraction thereof during which the failure to pay or delinquency continues, not to exceed twenty-five (25) percent of the tax in the aggregate.

(Code 1979, § 10-1004; Ord. of 12-8-81, § 5; Ord. No. 2001-5, 11-27-01)

State law reference

Payment of tax, R.S. 47:343.