Legal analysis: There is no maximum limit for general late payment fees (including tax late payment fees), so they can exceed the principal

Legal basis: "The People's Republic of China and the State Tax Collection Article 32 of the Administration Law: If the taxpayer fails to pay the tax within the prescribed time limit, and the withholding agent fails to pay the tax within the prescribed time limit, the tax authorities, in addition to ordering payment within a time limit, shall, from the date of overdue tax payment, A late payment fee of 0.05% of the overdue tax will be charged daily.

Article 33 Taxpayers shall apply for tax reduction and exemption in accordance with the provisions of laws and administrative regulations. Decisions on tax reduction and exemption made by local people's governments at all levels, competent departments of people's governments at all levels, units and individuals in violation of laws and administrative regulations and without authorization are invalid, and tax authorities shall not implement them and report them to higher tax authorities.

Article 34 When tax authorities collect taxes, they must issue tax payment certificates to taxpayers. When a withholding agent withholds or collects taxes, if a taxpayer requires the withholding agent to issue a tax withholding or collection voucher, the withholding agent shall issue one.

Article 45, Paragraph 2, of the "Administrative Enforcement Law of the People's Republic of China" The amount of additional fines or late payment fees shall not exceed the amount of the monetary payment obligation.