Provided a timely and complete appeal is filed pursuant to section 40-226.1, collection activity shall be suspended by the treasurer or other official responsible
for the collection of such tax until a final determination is issued by the commissioner
of the revenue or other assessing official, unless the treasurer or other collection
official (i) determines that collection would be jeopardized by delay as defined in section 40-226; or (ii) is advised by the commissioner of the revenue or other assessing official
that the taxpayer has not responded to a request for relevant information after a
reasonable time. Interest shall accrue on the late payment of the tax from the due
date until the date paid without regard to fault or other reason for the late payment,
but no further penalty shall be imposed while collection action is suspended. Whenever
an assessment of a local business tax by the commissioner of the revenue or other
assessing official is found to be erroneous, all interest and penalties charged and
collected on the amount of the assessment found to be erroneous shall be refunded
together with interest on the refund from the date of payment or the due date, whichever
is later. Interest on any refund shall be paid as provided in section 40-224.
(Ord. No. 6254-06, § 1)
