The Tax Department has officially instructed all provincial and municipal tax authorities to intensify taxpayer data synchronization efforts. This strategic move is part of a campaign titled "Cleaning Up Tax Identification Numbers - Removing Obstacles in Business," aimed at ensuring taxpayer data accuracy and minimizing paper companies.
In its technical implementation, tax authorities are instructed to coordinate cross-sectorally with local governments, business registration agencies, and law enforcement. This synergy is required to validate the status of thousands of businesses indicated to have ceased operations without officially filing for dissolution.
Specifically, this cleanup targets two main groups. First, around 291,962 businesses that have ceased operations but still have outstanding administrative obligations. They are urged to immediately complete their tax declaration and payment obligations before July 15 so that the dissolution process can be processed according to regulations.
The second group includes over 325,500 businesses no longer found at their registered addresses. Against this group, tax authorities will take firm action through case-by-case verification. For companies that have neglected their obligations for more than a year, tax authorities will recommend the revocation of business registration certificates as an administrative sanction.
To ensure public transparency, local governments are required to publish the list of inactive companies on official portals and notice boards at government offices. This measure is expected to create a healthier, more accountable, and competitive business ecosystem for compliant business entities.
