Offshore matters: failure to file on time penalties: amount of penalties involving an offshore matter
Amount of penalties involving an offshore matter
The rate of 12 month further penalty involving an offshore matter depends on whether the withholding of information was
- deliberate and concealed, or
- not deliberate, see CH62200.
The percentage then also depends on whether the withheld information is category 1, 2 or 3 information.
|Category 1 information||Category 2 information||Category 3 information|
|Deliberate and concealed||100%||150%||200%|
|Deliberate but not concealed||70%||105%||140%|
|Any other case||5%||5%||5%|