Tax late fees cannot be deducted before tax. When calculating taxable income, the following expenses shall not be deducted:

1, dividends, bonuses and other equity investment income paid to investors;

2. Enterprise income tax;

3. Tax late fees;

4 fines, fines and losses of confiscated property;

5. Donation expenditures other than those specified in Article 9 of this Law;

6. Sponsorship expenditure;

7. Unapproved reserve expenditure;

8. Other expenses unrelated to income.

Late payment fee refers to the amount that a taxpayer or individual should pay according to law because of overdue payment of taxes to the customs. In accounting entries, it belongs to non-operating expenses. Also known as tax late payment.

According to the regulations, late fees should be levied for overdue tax payment, and there are the following situations:

1. After the import and export goods are released, if the customs finds that the taxpayer fails to collect the land transfer fee or fails to collect the tax in violation of the regulations, it can recover the tax within three years from the date of paying the tax or releasing the goods, and from the date of paying the tax or releasing the goods to the date of discovery by the customs, it will impose a late fee of 0.5‰ on the tax underpaid or missed.