Marvin Mandel, Governor                       1763

(2)    UPON GROSS RECEIPTS DERIVED FROM THE
AMOUNTS CHARGED FOR BOWLING ALLEYS OR LANES;

(3)    UPON GROSS RECEIPTS DERIVED FROM AMOUNTS
CHARGED FOR ADMISSION TO LIVE BOXING OR WRES-
TLING MATCHES.

407.

ANY PERSON, FIRM OR CORPORATION SUBJECT TO THE
TAXES IMPOSED BY THIS SUBTITLE FAILING TO MAKE A
RETURN OR TO PAY THE TAXES WITHIN THE TIME PRE-
SCRIBED BY LAW OR BY REGULATION SHALL BE LIABLE
FOR A PENALTY OF TEN PER CENTUM (10%) OF THE
AMOUNT OF THE TAXES DUE. ALL TAXES DUE AND UN-
PAID ON THE DATE OF PAYMENT SHALL BEAR INTEREST
AT THE RATE OF ONE-HALF OF ONE PER CENTUM (½%)
PER MONTH, OR FRACTION THEREOF, UNTIL THE DATE
OF PAYMENT. FOR GOOD CAUSE SHOWN, THE COMPTROL-
LER MAY WAIVE THE IMPOSITION OF THE PENALTY AND
INTEREST PROVIDED FOR IN THIS SECTION. UNLESS
WAIVED BY THE COMPTROLLER THE AMOUNT OF THE
PENALTY AND INTEREST SHALL BE COLLECTED AND DIS-
TRIBUTED AS PART OF THE TAXES THEMSELVES.

408.

(A)    IF THE COMPTROLLER FINDS THAT ANY PERSON,
FIRM OR CORPORATION, SUBJECT TO THE TAXES IMPOSED
BY THIS SUBTITLE, INTENDS TO DEPART FROM THE STATE
OR TO REMOVE HIS PROPERTY THEREFROM OR TO CON-
CEAL HIMSELF OR HIS PROPERTY THEREIN, OR TO DO
ANY OTHER ACT TENDING TO PREJUDICE OR TO RENDER
WHOLLY OR PARTLY INEFFECTUAL PROCEEDINGS TO
COLLECT SUCH TAXES, UNLESS SUCH PROCEEDING BE
BROUGHT WITHOUT DELAY, THE COMPTROLLER SHALL
CAUSE NOTICE OF SUCH FINDINGS TO BE GIVEN TO SUCH
PERSON, FIRM OR CORPORATION, TOGETHER WITH A DE-
MAND FOR AN IMMEDIATE RETURN AND IMMEDIATE PAY-
MENT OF THE TAX, INTEREST AND PENALTY.

(B)    IF THE AMOUNT OF TAXES, INTEREST AND PEN-
ALTY SPECIFIED IN THE NOTICE OF JEOPARDY ASSESS-
MENT, AS PROVIDED IN SUBSECTION (A) OF THIS SECTION,
IS NOT PAID WITHIN TEN (10) DAYS AFTER SERVICE
THEREOF UPON THE PERSON, FIRM OR CORPORATION LIA-
BLE FOR THE PAYMENT OF SUCH TAXES, THE COMPTROL-
LER MAY BRING SUCH ACTION AS HE DEEMS ADVISABLE
FOR PROMPT COLLECTION THEREOF. IF THE PERSON,
FIRM, OR CORPORATION LIABLE FOR THE PAYMENT OF
SUCH TAXES FILES WITH THE COMPTROLLER WITHIN TEN
(10) DAYS FROM THE SERVICE OF NOTICE OF JEOPARDY
ASSESSMENT ON HIM SATISFACTORY EVIDENCE THAT HE
IS NOT IN DEFAULT IN MAKING ANY RETURN OR PAYING
ANY TAXES IMPOSED BY THIS SUBTITLE, OR THAT HE
WILL DULY RETURN AND PAY THE TAXES TO WHICH THE
COMPTROLLER'S FINDING RELATE, THEN SUCH TAX
SHALL NOT BE PAYABLE PRIOR TO THE TIME OTHER-