Running a Business for 4 Years Without Tax Registration Certificate - Penalty for Not Reporting Taxes as a Sole Proprietor for 8 Years

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Georgia

2023-05-23 23:47


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Thomasina

Release time 2023 05 23

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Tamara

The store has been operating for 4 years without a tax registration certificate, and the individual business owner has not reported taxes for 8 years. It is a violation of tax laws and regulations. The punishment will depend on the specific circumstances, but it could include fines, penalties, and potentially criminal charges. It's important to rectify the situation and comply with tax regulations as soon as possible.

Release time 2023 05 23

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