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SECTION 17 FRAUD. <br />No person shall knowingly snake, present, aid, or assist in the preparation or presentation of a false or <br />fraudulent report, return, schedule, statement, claim, or document authorized or required by the Village <br />ordinance or state law to be filed with the Tax Administrator, or knowingly procure, counsel, or advise <br />the preparation or presentation of such report, return, schedule, statement, claim, or document, or <br />knowingly change, alter, or amend, or knowingly procure, counsel or advise such change, alteration, or <br />amendment of the records upon which such report, return, schedule, statement, claim, or document is <br />based with intent to defraud the Village or the Tax Administrator. <br />SECTION 18 INTEREST AND PENALTIES. <br />(A) As used in this section: <br />(1) "Applicable law" means this ordinance, the resolutions, ordinances, codes, directives, instructions, <br />and rules adopted by the Village provided they impose or directly or indirectly address the levy, payment, <br />remittance, or filing requirements of the Village. <br />(2) "Federal short-term rate" means the rate of the average market yield on outstanding marketable <br />obligations of the United States with remaining periods to maturity of three years or less, as determined <br />under Section 1274 of the Internal Revenue Code, for July of the current year. <br />(3) "Income tax," "estimated income tax," and "withholding tax" means any income tax, estimated <br />income tax, and withholding tax imposed by the Village pursuant to applicable law, including at any time <br />before January 1, 2016. <br />(4) "Interest rate as described in division (A) of this section" means the federal short-term rate, <br />rounded to the nearest whole number percent, plus five percent. The rate shall apply for the calendar year <br />next following the July of the year in which the federal short-term rate is determined in accordance with <br />division (A)(2) of this section. <br />(5) "Return" includes any tax return, report, reconciliation, schedule, and other document required to <br />be filed with the Tax Administrator or the Village by a taxpayer, employer, any agent of the employer, or <br />any other payer pursuant to applicable law, including at any time before January 1, 2016. <br />(6) "Unpaid estimated income tax" means estimated income tax due but not paid by the date the tax is <br />required to be paid under applicable law. <br />(7) "Unpaid income tax" means income tax due but not paid by the date the income tax is required to <br />be paid under applicable law. <br />(8) "Unpaid withholding tax" means withholding tax due but not paid by the date the withholding tax <br />is required to be paid under applicable law. <br />40 <br />