Sentence examples for current penalty of from inspiring English sources

The Internal Revenue Service recently reopened its voluntary disclosure program, while reserving the right to increase penalties at any point — from the current penalty of 27.5 percent of the highest aggregate balance in foreign bank accounts or foreign assets during the eight tax years before disclosure.

Under the SPL's new proposals, clubs who enter administration would be docked at least 15 points instead of the current penalty of 10.

The current penalty for this type of failure to disclose assets is up to 50percentt of the highest annual balance of each account for each of the last three years — an amount that can quickly wipe out an investor and still leave him owing taxes and interest.

The current penalty for general harassment is up to six months in jail and a fine of up to $1,000.

It would create a new civil penalty of $2,000 for employers who fail to pay the minimum wage or the overtime rate, while also vastly hiking the current penalty for repeat offenders.

The current penalties for dealing would remain.

The current penalty is up to 50percentt of the highest annual balance of each account for each of the last three years — an amount that can quickly wipe out an investor and still leave him owing taxes and interest.

Those people who fail to declare offshore accounts face fines worth 200% of their tax bill, double the current penalty.

Moreover, the convergence rate of the EDSPC algorithm is much faster than DSPC, since DSPC continues updating the penalty values even after the optimal solution is found for the current penalty values.

The current penalty system has many internal defects.

Line 4 - Current penalty.