This is a different concept. Late payment fee is a certain percentage of the overdue tax for taxpayers who fail to pay taxes according to the tax deadline. It is a measure for tax authorities to give economic sanctions to taxpayers who pay taxes overdue.

State Taxation Administration of The People's Republic of China is a directly affiliated institution in charge of tax work of the People's Republic of China and the State Council, with ministerial status. On March 20 18, according to the "plan for deepening the reform of the party and state institutions" issued by the Central Committee of CPC, the national tax and local taxation institutions at or below the provincial level were merged to specifically undertake the duties of tax and non-tax revenue collection and management within their respective jurisdictions.