A. A person or entity required by this code to file a personal property return who files a completed return after the filing deadline but before the mailing of the assessment notices shall, in addition to other penalties provided by law, be liable for a penalty of five percent of the tax assessed against said personal property for that tax year.

B. A person or entity required by this code to file a personal property return who fails to file a return as required by this code before the mailing of the assessment notices shall, in addition to other penalties provided by law, be fined a penalty in the amount of $300.00 and be liable for a penalty of 10 percent of the tax assessed against said personal property for the tax year.

C. AS 29.45.140. [Ord. FY2016-09 §2; Ord. FY2015-11 §2, 2015; Ord. FY2014-10 §16, 2014; Ord. FY2011-07 §2, 2010; Ord. 93-36 §4, 1993; Ord. 92-25 §2; Ord. 74-8-O §3, 1974; Ord. 69-4-O §1; Ord. 67-11-O §1; prior code Ch. 3 subch. 2 §3; §3.24.030].