Local or federal punitive tax applied to deter non-compliance, such as underpayment of income tax or disregard of the rules governing a business activity.
Related information about penalty tax:
- How Much Is The Obamacare Penalty Tax? - Business Insider
Jul 2, 2012 ... The good news is that, for most people, the "penalty tax" for those who choose not to buy health insurance will cost a lot less than health ...
- Penalty Tax - Financial Dictionary - The Free Dictionary
A federal tax that can be applied if a plan holder does not meet certain requirements when making withdrawals from a tax-advantaged retirement plan ( for ...
- Tax penalty to hit nearly 6M uninsured people, under ObamaCare ...
Sep 19, 2012 ... Nearly 6 million Americans -- most of them in the middle class -- will face a tax penalty for not carrying medical coverage once President Barack ...
- Marriage penalty - Wikipedia, the free encyclopedia
The marriage penalty in the United States refers to the higher taxes required from some married couples, where spouses are making approximately the same ...
- Millions More Taxpayers Subject to Health Care Penalty Tax - Forbes
Sep 20, 2012 ... Generic regular strength enteric coated 325mg aspirin tablets, distributed by Target Corporation. The orange tablets are imprinted in black with ...
- What is penalty tax? definition and meaning
Definition of penalty tax: Local or federal punitive tax applied to deter non- compliance, such as underpayment of income tax or disregard of the rules governing a ...
- ObamaCare "Penalty Tax" Now Estimated to Hit 6 Million Mostly Low ...
Sep 19, 2012 ... “After accounting for those who will not be subject to the penalty tax, CBO and JCT now estimate that about 6 million people will pay a penalty ...
- Two million more expected to pay penalty under Obamacare - Sep ...
Sep 19, 2012 ... Roughly 30 million non-elderly Americans are projected to remain uninsured in 2016, though most will not be subject to the penalty tax.