5.12.350 Tax assessment—Nonpayment—Fraud.

(A) Under any of the following circumstances, the director of finance may make and give notice of an assessment of the amount of tax owed by a permittee under the gross receipts tax provisions of this chapter:

(1) If the permittee has not paid any tax due under the gross receipts tax provisions of this chapter;

(2) If the permittee has not, after demand by the director of finance, paid any additional amount of tax due under the gross receipts tax provisions of this chapter;

(3) If the director of finance determines that the nonpayment of any tax due under the gross receipts tax provisions of this chapter is due to fraud, a penalty of twenty-five percent of the amount of the tax shall be added thereto from the date the tax is due in addition to penalties and interest otherwise stated in the gross receipts tax provisions of this chapter.

(B) The notice of assessment shall separately set forth the amount of any tax known or estimated by the director of finance to be due, after full consideration of all information within his or her knowledge concerning the cardroom business and activities of the permittee assessed and shall include the amount of any penalties or interest accrued on each amount to the date of the notice of assessment.