§ 10-49. Determination if no return made.

(a)

Estimate of gross receipts. If any person fails to make a return, the city clerk shall make an estimate of the amount of the gross receipts of the person, or as the case may be, of the amount of the total rentals of such person that are subject to the tax. The estimate shall be made for the period or periods in respect to which the person failed to make the return and shall be based upon any information which is or may come into the possession of the city clerk. Written notice shall be given in the manner prescribed in section 10-48.

(b)

Interest on amount found due. The amount of such determination shall bear interest at the rate of three-fourths of one (1) percent per month or fraction thereof, from the twentieth day of the month following the monthly period, for which the amount or any portion thereof should have been returned, until the date of payment.

(Code 1976, § 5-2013(i))