§ 41-4-8 - Collection of taxes – Interest on delinquencies – Failure to pay on demand.
SECTION 41-4-8
§ 41-4-8 Collection of taxes –Interest on delinquencies – Failure to pay on demand. – The tax administrator shall assess and collect the taxes imposed by thischapter under such rules and regulations as he or she may prescribe. All taxeshereby imposed shall be due and payable at the close of each day's racing andany tax not paid upon demand of the tax administrator shall bear interest atthe rate of six percent (6%) per annum from the time of the demand. Failure topay any tax upon demand shall be cause for revocation of a license.