Regulations Governing Profit-seeking Enterprise Income Tax Exemption for Profit-seeking Enterprises Conducting Procurement and/or Importation and/or Storage and/or Delivery of Goods in Free Trade Zone of International Airport Park Article 13

If the profit-seeking enterprise or the FTZ enterprise has one of the following statuses, the FTZ management authority may withdraw or revoke its letter of certification or approval letter and send notification to the competent authority, the Taxation Administration, Ministry of Finance, as well as the local tax collection authority and the jurisdictional customs authorities.1)If the application or relevant documents for the profit-seeking enterprise in accordance with Articles 6 and 7 is found to be false, the FTZ management authority may withdraw its letter of certification.2)If the profit-seeking enterprise is found to be inconsistent with Articles 3 to 5, the FTZ management authority may withdraw or revoke its letter of certification.3)If the profit-seeking enterprise fails to promptly submit the table of incentives in accordance with Paragraph 1 of Article 9, the FTZ management authority may revoke its letter of certification.Applicants whose letter of certification or approval letter is withdrawn or revoked by the FTZ management authority in accordance with the preceding paragraph shall make a payment on their exempted income tax, with interest calculated on a daily basis at the fixed interest rate of postal savings for one-year time deposit, from the day after the expiration of the annual income tax declaration period to the date of payment.