Business Entity Accounting Act Article 76

（Penalty (5)）The responsible persons of a business, its officers, the chief accounting personnel, or the accounting personnel handling and in charge of the accounting events shall be subject to a fine not less than NT$ 60,000 and not more than NT$300,0000 if any of the following circumstances occur:1. Violation of Article 23 by failing to establish accounting books, except where exemption is granted by relevant laws and regulations;2. Violation of Article 24 by damaging the pages of accounting books or destroying audit trails;3. Failure to preserve accounting books, financial statements, or accounting documents within the period prescribed under Article 38;4. Failure to complete the year-end closing process within the prescribed period under Article 65;5. Violation of the provisions in Chapter 6 or Chapter 7 by preparing the year-end closing reports that are materially false.