What are the consequences of enterprises owing taxes?

The specific consequences of enterprise tax arrears are as follows:

1. The legal representative can't do immigration;

2. The legal representative cannot borrow money to buy a house;

3. The legal representative cannot receive endowment insurance;

4. In case of tax arrears, the corporate representative will be prevented from leaving the country;

5. I can't catch the high-speed train;

6. If the tax is not declared for a long time, the tax bureau will make on-site inspection;

7. If the tax is not declared for a long time, the invoice will be locked by the machine;

8. Enter the list of business anomalies;

9. Other consequences.

The tax authorities can take the following compulsory measures:

1. Inform the bank or other financial institutions in writing to withhold tax from their deposits;

2. Seize, seal up, auction or sell commodities, goods or other property whose value is equivalent to the tax payable according to law, and use the proceeds from auction or sale to offset the tax. Negative treatment of tax arrears may also bring punishment. Taxpayers who use the means of transferring or concealing property to prevent the tax authorities from recovering the unpaid taxes shall recover the unpaid taxes and late fees, and impose a fine of more than 5% and less than five times the unpaid taxes;

3. If a crime is constituted, criminal responsibility shall be investigated according to law.

Legal basis: Article 65 of the Law of the People's Republic of China on the Administration of Tax Collection

If a taxpayer fails to pay the tax payable and obstructs the tax authorities from recovering the unpaid tax by means of transferring or concealing property, the tax authorities shall recover the unpaid tax, late payment fee and impose a fine of more than 5% and less than five times the unpaid tax; If a crime is constituted, criminal responsibility shall be investigated according to law.