If you don't take the required minimum distributions from your account, you will
be subject to a penalty equal to 50 % of the amount that should have been withdrawn.
A withdrawal which reduces the account balance below the minimum balance requirement may be considered a withdrawal of the entire account balance and shall
be subject to penalty on the entire amount.
A certain class of policies receives less favorable tax treatment than what is described above when taking loans and distributions and may
be subject to a penalty tax.
A large proportion of schools in every state could be identified as «needing improvement» under the new federal education law and could
eventually be subject to penalties.
Cancellations made within 7 days of the arrival
date are subject to a penalty fee equal to one - half the total reservation for stays two or more nights, and 100 % of the total reservation for one - night stays.
If you're unprepared, you'll
be subject to penalty interest rates and run the risk of debt — kind of like cramming for a big exam and not studying properly for it.
Promo purchases on existing accounts may not receive full benefit of promo terms, including reduced APR if applicable, if
account is subject to Penalty APR..
The prohibitions extended not only to dirty playing — blocks from behind, late hits, elbows to the face, all of
which were subject to penalties and instant benching — but also to any kind of showboating.
But if they do succumb to the pressure, they're in clear violation of the Uniform Standards of Professional Appraisal Practice, which is set by the Appraisal Foundation in Washington, D.C.. They'll also
be subject to penalties from state regulators and suffer from a tarnished reputation in a field where referrals can make or break a career.
Cancellations of reservations involving promotions, packages, special offers, and discount
rates are subject to a penalty equal to the total value of the reservation.
A person in the Magnitsky list should be denied entry in the US and their property should be confiscated by any US subject or company who holds or stores it, even abroad (otherwise the
company is subject to penalties).
This was later amended again to allow a phased rollout of late submission automatic penalties and saw employers with 50 or more
employees being subject to these penalties as from 6th October 2014 and smaller employers enjoying a delay until 6th March 2015.
Even a hardship withdrawal for disaster relief might
still be subject to penalty, which is why it's important to understand the qualifying exceptions for receiving penalty - free distributions found in Section 72t of the tax code.
Cash Gifts above Rs 2 Lakh can
be subject to Penalty u / s 269ST w.e.f 1st April, 2017, even if the gifts are from family members