TTN: Decision to impose administrative penalties for tax violations

Company XYZ has just received a decision to impose administrative penalties for tax violations from the local tax authority due to inaccuracies in tax declarations. Specifically, the company failed to fully report its revenue in tax reports for three consecutive months, resulting in a reduced tax obligation compared to reality. The penalty decision requires the company to pay the outstanding tax amount along with a fine corresponding to the violation rate. Additionally, the tax authority will conduct periodic inspections at the company in the near future to ensure compliance with tax laws. The company has submitted a written request to the tax authority to reconsider the penalty decision and has committed to rectify the errors as soon as possible to comply with legal regulations.