If a business entity (excluding a small-scale business entity prescribed by Presidential Decree or a person whose amount of income is estimated as prescribed by Presidential Decree) receives goods or services from another business entity (including a corporation) in connection with its business and fails to receive an evidentiary document as listed in any of the subparagraphs of Article 160-2 (2) or receives a faulty evidentiary document, it shall pay 2/100 of the amount corresponding to the non-receipt or faulty receipt of an evidentiary document, which is allowed to be included in necessary expenses (meaning the difference between the amount to be received in each case), as a penalty tax, in addition to the final tax amount on global income for the relevant taxable period: Provided, That this shall not apply to the part to which the proviso, other than the subparagraphs of, Article 160-2 (2) applies.
(2) The penalty tax mentioned in paragraph (1) shall be applied even when there is no calculated tax on global income.[This Article Newly Inserted on Dec. 31, 2019]