Sec. 52-80. Interest and penalties.
Montgomery County, Md., Code § 52-80 (2026)
Sec. 52-80. Interest and penalties.LinkCopy Citation
(a)
If a retail establishment does not remit to the Director any tax owed under Section 52-79 when due, the retail establishment is liable for:
(1)
interest on the collections at the rate of one percent per month for each month or part of a month after the remittance is due; and
(2)
a penalty of 5 percent of the amount of the collections per month or part of a month after the remittance is due, up to 25 percent of the tax collected.
(b)
The Director must collect any interest and penalty as part of the remittance due.