Underreporting taxation is a tax

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If you want to complete the year-end tax adjustment without any omissions, please download the "Year-end tax adjustment guidebook" from here and use it to prevent errors and omissions during the year-end tax adjustment. 2. Explanation of company (employer) penalties for failing to make a year-end tax adjustment A woman giving a presentation and the audience Employers who fail to make year-end adjustments properly will be subject to the following penalties: Imprisonment for up to 1 year or a fine of up to 500,000 yen Imprisonment for up to 10 years or a fine of up to 2,000,000 yen (both are possible) Additional tax for underreporting and delinquency tax I will explain when each penalties apply.

Cases where "imprisonment with work for up to 1 year or a fine of up to 500,000 yen" is applied The following cases are punishable by imprisonment with work for not more than one year or a fine of not more than 500,000 yen. Failure to conduct mobile number list year-end adjustments and collect appropriate income tax from employees False entries or records were made in the year-end tax adjustment documents, and approval was obtained from the tax office. In addition, these acts conflict with Article 242 of the Income Tax Law.




Cases where “imprisonment with work for 10 years or less or a fine of 2 million yen or less” is applied In the following cases, "imprisonment with work for up to 10 years or a fine of up to 2 million yen (or both)" may be imposed. Failure to pay income tax withheld from employees to the tax office This case violates Section 240 of the Income Tax Act and can result in both imprisonment and a fine. 2-3. Cases where additional tax for underreporting or delinquency tax is imposed  that occurs when an insufficient tax amount is pointed out after paying income tax.