19801125 1980-21ORDINANCE NO. 19~0-21
AN ORDINANCE AMENDING A~D REENACTING
SECTION 8-3 OF THE CODE OF THE CITY OF FAIRFAX
INCREASING THE RATE OF PENALTIES AND INTEREST
ON PERSONAL PROPERTY TAXES.
BE IT ORDAINED by the City Council of the City of
Fairfax, Virginia that Section 8-3 of Article I of Chapter 8
of the Code of the City of Fairfax, Virginia, be and it
hereby is amended and reenacted to read in its entirety as
fol lows:
"Sec. 8-3. Due date of ~ersonal property taxes; penalty
for failure to pa~ taxes when due; interest.
(a) Every person owning tangible personal property subject
to taxation shall file a return with the commissioner of revenue
declaring the same on or before the first day in May in the
year in which such property is subject to taxation by the City.
For the failure to timely file such a return the ccmmissioner
of revenue shall assess a penalty of ten percent (10%) of the
amount of the tax otherwise assessed or ten dollars ($10.00),
whichever is greater. Such penalty for late filing shall be
due and payable at the time that the tax assessed is due and
payable; and if not paid at the time, an additional penalty
thereon of ten percent (10%) shall be imposed for failure to
pay tax on or before the due date. All taxes on tangible
personal property shall be due and payable on the fifth day of
December in the year assessed and, if not timely paid shall be
subject to a penalty of ten percent (10%) of the amount of the
tax payable or ten dollars ($10.00), whichever is greater. Any
penalties herein when so assessed shall becc~e a part of the
tax.
(b) Interest on unpaid taxes including penalties shall
accrue at the annual rate of ten percent (10%) from the first
day of the month following the month in which such taxes are
payable, until paid.
1980-21
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(c) Whenever December fifth or May first falls on a
Saturday, Sunday, or legal holiday, the time for payment of a
tax or filing of a return required hereby shall be extended to
the next working day immediately following.
(d) In any case where the tax due on a single return does
not exceed one dollar the same shall not be assessed by the
commissioner of revenue.',
This ordinance shall beceme effective on January 1, 1981.
Introduced:.
Adopted:
November 11, 1980
November 25, 1980
ATTEST:
MAYOR
AUTHORITY: Virginia Code Sections 58-847,