The phrase "asset penalty" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or legal matters where a penalty is imposed on an asset or its value.
Example: "The company faced an asset penalty due to the misreporting of its financial statements."
Alternatives: "asset fine" or "asset charge".
A new information-sharing regime between countries – including Switzerland – would "catch hidden assets and undisclosed assets" as part of a "one-off opportunity to disclose those assets without severe penalty".
Krasner opposes practices like cash bail, as well as financial asset forfeiture, the death penalty and mass incarceration ― all reliably progressive stances.
An economically important bank with hundreds of billions of dollars in assets fails, and the penalty is only two years of pay?
The new sanctions compel all countries to inspect cargo going in and out of North Korea, ban weapons trade and expand a list of individuals facing penalties including asset freezes and travel restrictions.
Those named on the list will not immediately face any immediate penalties like asset freezes or visa bans.
As a candidate, he flip-flopped on marijuana legalization, the death penalty and civil asset forfeiture.
Mr. Ryan estimates that the company's $4 billion in assets generate $400 million a year in penalty fees.
Alexander said: "We will increase financial penalties for offshore evaders, including, for the first time, linking the penalty to underlying assets.
A Treasury Department statement emphasized that the penalties, including an asset freeze, affect only Lt. Gen. Thein Htay, the head of Myanmar's Directorate of Defense Industries, and not government figures.
Midland, Tex. oil exploration partners Jack E. Brown and Cyril Wagner Jr., who graced 14 Forbes 400 lists through 1995, have sued to challenge Internal Revenue Service claims totaling $147 million in extra taxes and penalties concerning huge asset transfers to trusts benefiting their descendants.
