Penalty.
Columbus City Codes § 376.12
in effect376.12 - Penalty.
Any person or vendor who fails to timely file and pay the tax levied under this chapter shall forfeit and pay to the city treasurer a penalty of ten percent (10%) of the tax owed. Should a person or vendor be imposed a penalty under the provisions of this chapter, such imposition shall carry a daily interest rate of one percent (1%) of the total penalty to be compounded and assessed each day the penalty is not paid to the City. Such interest rate stops accruing once all penalties and interest payments are remitted, collected, and deemed as satisfactory.
(Ord. No. 3379-2018, § 1, 12-10-2018; Ord. No. 3102-2019, § 2, 12-9-2019)
Source: City of Columbus, City Codes and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/oh/columbus/codes/code_of_ordinances?nodeId=TIT3FITACO_CH376ADTAFAST_376.12PEFetched: 10/27/2026
