Legal basis: Article 73 of the Law of People's Republic of China (PRC) on the Administration of Tax Collection, if a taxpayer or withholding agent's bank or other financial institution refuses to accept the tax authorities' inspection of the taxpayer's or withholding agent's deposit account according to law, or refuses to carry out the decision made by the tax authorities to freeze deposits or withhold taxes, or helps the taxpayer or withholding agent to transfer deposits after receiving a written notice from the tax authorities, thus causing tax losses, the tax authorities will impose a fine of more than 100,000 yuan and less than 500,000 yuan, and the person directly responsible will be fined.