Tax Penalty Interest Calculator

A tax loss penalty is a fine imposed at 100% of the tax principal when a taxpayer causes a loss of tax revenue. In cases of tax evasion, this rate increases to 300%.

A procedural irregularity penalty is imposed when the form and procedural rules specified in tax laws are not followed. It is divided into 1st and 2nd degree irregularity, with amounts updated annually.

According to Article 376 of the Tax Procedure Law, discounts are available on penalties. A 50% discount is available for first-time tax loss penalties, and a one-third discount is available for irregularity penalties, provided no lawsuit is filed and payment is made on time.