What are the penalties for company tax evasion?

If an enterprise or institution evades taxes, which constitutes a crime, it shall impose a fine of not less than 50% but not more than five times on the taxpayer, and the directly responsible person in charge and other directly responsible personnel shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention.

If a taxpayer's tax evasion is discovered by the tax authorities, he may be fined not more than five times of the unpaid or underpaid tax, in addition to the overdue tax within a time limit. Deliberate acts such as tax evasion, tax fraud, tax refusal and tax arrears. Not only should you pay taxes in full and be subject to corresponding administrative punishment, but you should also be investigated for corresponding criminal responsibility.

China's Tax Administration Law has no separate legal responsibility for tax evasion, but taxpayers should be required to pay taxes within a time limit.