The consequences of owing tax to the tax bureau include a late payment fee of 0.5% of the overdue tax on a daily basis from the date of late payment; The tax authorities issued a notice of tax payment within a time limit, and ordered to pay or remit the tax for no more than 15 days; If it fails to pay within the time limit, the tax authorities may impose a fine of more than 50% and less than five times the tax paid.

Legal objectivity:

Article 32 of the Law of People's Republic of China (PRC) Municipality on the Administration of Tax Collection, if a taxpayer fails to pay taxes within the prescribed time limit and a withholding agent fails to pay taxes within the prescribed time limit, the tax authorities shall, in addition to ordering him to pay taxes within the prescribed time limit, impose a late fee of 0.5% of the overdue tax on a daily basis from the date of payment. Article 68 of the Law of People's Republic of China (PRC) on the Administration of Tax Collection, if a taxpayer or withholding agent fails to pay or underpays the tax payable within the prescribed time limit and is ordered by the tax authorities to pay within a specified time limit, the tax authorities shall impose a fine of not less than 50% but not more than five times the unpaid or underpaid tax, in addition to taking compulsory measures to recover the unpaid or underpaid tax.