Fees and Penalties

A penalty of 10 percent for the first month of delinquency and 2 percent per month for each additional month of delinquency is added to the cost of a trader's license for all persons or business organizations that fail or neglect to procure a license within the time prescribed by law.
By law, the Clerk of the Circuit Court cannot issue a trader's license if the applicant owes personal property taxes to a local government, or if the applicant has not submitted up-to-date filing with the Department of Assessments and Taxation.