Sentences with phrase «assessment of late payment»

Income tax or corporate net worth tax must be paid by the prescribed due date to avoid the assessment of late payment penalties and interest.

Not exact matches

It seems to me that consistently front - loading a charter school's enrollment only to see it shrink over the course of the year, thereby back - loading enrollment at public schools, could also allow fiscal shenanigans wherein, if less money is spent on students on average at the beginning of the year (say, no building heating costs or payments for school trips or assessments that occur later on in the year), then the charter school can effect a profit on students who later in the year transfer out of the school.

-- Not later than 6 months after the date of enactment of this section, each State shall, as a condition of receiving payments from an allotment for the State under section 502 for fiscal year 2011, conduct a statewide needs assessment (which shall be separate from the statewide needs assessment required under section 505 (a)-RRB- that identifies --

Any member failing to pay an assessment which has been duly approved by the Board of Directors within ninety (90) days of the due date established for payment of that assessment by the Board of Directors may be assessed such late charges and administrative fees as may be established by the Board of Directors.