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What is Tax Compliance: Fines & Penalties Explained about?

The document describes the fines and penalties for non-compliance with formal and material tax duties according to the Constitution and the Organic Tax Code. Material duties are defined as the payment of taxes and formal duties as compliance with fiscal control regulations. Those who fail to comply with these formal duties will be subject to fines ranging from 1 to 2,000 UT and other sanctions such as temporary closure or revocation of permits.

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