Covers filing, payment, obstruction and information penalties while preserving the underlying tax debt.
What should you do now?Identify the breach and penalty basis separately from tax principal.
What does this Article provide?
Covers filing, payment, obstruction and information penalties while preserving the underlying tax debt.
This is a verified plain-language summary. The binding full text remains in the official Regulations file linked below.
What does the Article mean in plain language?
Penalties follow the Law and tax remains due; calculation depends on the breach, date and tax amount.
Relevant to every registrant or licensee during an inspection or violation process.
Identify the breach and penalty basis separately from tax principal.
How can this rule appear in practice?
Paying tax late updates the principal balance but does not automatically remove the consequences of delay.
The example is explanatory; it is not an NBR case or a binding result for a specific fact pattern.Closing all violations merely because principal was paid.
Related Articles
Breaches, inspection and objections guide
Open the topic guide that combines Law, Regulations, procedure and examples in one flow.
Open practical guideBefore relying on the result
Is this commentary enough for a final decision?
No. Use it to understand and route the issue, then match the facts against official legislation, amendments and current guidance, obtaining specialist advice for material amounts, deadlines or penalties.
Why are several sources listed?
The Law states the rule, the Regulations detail procedure and the guide explains portal operation. None replaces the others.
What is the first fact I need?
Identify the breach and penalty basis separately from tax principal.
Official sources and guidance
Official source of the Regulations, read with the 2022 amendment and later decisions.
Used for operational context, terminology and examples; it does not replace legislation.
NBR classification of breaches, penalties, evasion cases and sanctions.