Nearly 600,000 businesses nationwide are currently under review as part of the "Clean Up Tax Identification Numbers (TIN)" campaign. This includes over 300,000 firms that have abandoned their registered addresses and more than 290,000 companies that have ceased operations but have not yet undergone formal dissolution.
Notably, severe enforcement measures will be applied to more than 325,000 businesses that are no longer operating at their registered locations and still owe back taxes.
According to the Department of Taxation under the Ministry of Finance, for businesses that have ceased operations for one year or more without notification, tax authorities will propose the revocation of their Business Registration Certificates by July 15. For cases eligible for compulsory enforcement, the revocation process must be completed no later than July 17.
The tax authority stated that even after registration is revoked, they will continue to implement management measures to force businesses to fulfill their tax debts before officially terminating the validity of their TIN.
In tandem with these measures, a list of violating businesses will be made public as per regulations. This includes publishing names on the tax authority's official e-portal and posting them at headquarters, with a completion deadline of July 17.
Furthermore, regarding the nearly 292,000 businesses that have stopped operating but have not completed dissolution procedures, local tax offices have been instructed to urgently notify and urge these taxpayers to finalize their tax declarations, payments, and dissolution paperwork before July 15.
The tax authority emphasized that they must also provide timely confirmation of tax obligations to allow businesses to legally terminate their operations in accordance with the law.
During the implementation of the campaign, the Department of Taxation has issued a series of detailed guidelines. These cover everything from action plans and goal setting to professional procedures, reporting regimes, and communication efforts to support taxpayers in managing their TIN-related procedures.
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