Legal basis: Article 60 of People's Republic of China (PRC) Tax Collection and Management Law. If a taxpayer fails to register for tax, the tax authorities shall order it to make corrections within a time limit. If no correction is made within the time limit, the administrative department for industry and commerce shall request the tax authorities to revoke their business licenses. Failing to go through tax registration, change of registration or cancellation of registration within the prescribed time limit, the tax authorities shall order it to make corrections within a time limit and may impose a fine of less than 2,000 yuan; If the circumstances are serious, a fine of two thousand yuan or more and ten thousand yuan or less shall be imposed; Taxpayers who fail to use the tax registration certificate in accordance with the provisions, or lend, alter, damage, buy, sell or forge the tax registration certificate shall be fined more than 2,000 yuan 1 10,000 yuan; If the circumstances are serious, a fine of not less than ten thousand yuan but not more than fifty thousand yuan shall be imposed.