The tax return is far more than I thought.
Tax official： hello. You look unhappy. What can I do for you.
Taxpayer： my company have been fined because we failed to file the tax return .but we have not got any business income at all .
Tax official： well ，according to the Chinese law ，the taxpayer must file its Tax return within the prescribed time ， no matter whether it has business turnover .
Taxpayer： if both the tax payable and tax return are overdue， what will happen ？
Tax official： the tax authority will set new dead line for the return and impose a fine not exceeding 2000 Yuan on the taxpayer that fail to file the return .on the other hand ，levy a surcharge equal to 0.2% of the overdue tax for each day that the tax remain in arrears .
Taxpayer： what about the punishment In the case of false tax return？
Tax official： if it is on the purpose， it will be determined as tax evasion .the default not amounting to a crime may be subject to a fine up to 500% of the tax that should have been paid ， plus the payment of the tax due .
Taxpayer： what is the criminal limit？
Tax official： the taxpayer reports the tax liability that is lower than the actual liability by 10% or more and by at least 10000 Yuan.
Taxpayer： what will happen than？
Tax official： the taxpayer will face stringent criminal punishment in addition to the fine. These punishments also apply to the taxpayer that report false tax return after receiving administrative penalties twice or more .
Taxpayer： well， the tax return is far more important than I thought before. what is the deadline for it ？
Tax official： it depends on different taxes .for business tax ，it is due within the first 10 days of the following month .but for individual income tax ，it is within the first 7 days .if the deadline fall in the vacation or holiday ，it can be put off in turn .
Taxpayer： what you have said is very important to us. I wish that would not be fined again.
Tax official： I hope so.