It is illegal for companies to borrow bank cards to evade taxes. Deduction by bank card will involve illegal activities such as transferring company property, tax evasion and so on, and may be required to pay taxes by tax investigation. If the company doesn't pay taxes, it will be blacklisted or sued, and the legal risk is great.

Consequences of bank card lending:

1. If someone uses the bank card to engage in illegal activities, the cardholder should also bear the old legal responsibilities;

2. If someone uses a bank card for online loan, the cardholder will bear the loan principal and interest. If the amount is large, individuals will not be able to repay on time, and even face the risk of overdue credit information;

It is illegal to lend your bank card to others. Once discovered, the bank may charge a violation fee, and in serious cases, the card may be withdrawn.

Legal basis:

Article 28 of the Measures for the Administration of Bank Card Business

Individuals applying for bank cards (except stored-value cards) shall provide their valid identity documents specified by the public security department to the issuing bank, and open a registered account for them after passing the examination by the issuing bank; To open a basic deposit account, a domestic financial institution shall apply for a corporate card with an account opening permit issued by the People's Bank of China; Bank cards and their accounts are only used by cardholders approved by the issuing bank, and may not be rented or lent.