"distribution tax" is a correct and usable phrase in written English.
You can use it in any context where you are discussing taxes, particularly when referring to a tax imposed on the distribution of goods or services. For example, "The government recently raised the distribution tax on oil in an attempt to encourage more people to use renewable sources of energy."
You may also have to pay an early distribution tax.
Note, the home-buyer exception to the 10% early distribution tax does not apply to 401(k) qualified retirement plans.
Note, the qualified higher education cost exception to the 10% early distribution tax does not apply to 401(k) qualified retirement plans.
Note, the health insurance premiums while unemployed exception to the 10% early distribution tax does not apply to 401(k) qualified retirement plans.
However, IRA funds that are directly rolled over or transferred to another IRA or qualified retirement plan are not subject to any distribution tax or the additional 10% penalty.
In other words, income tax would still be due on the pre-tax IRA distribution, however, the 10% early distribution tax would be waived under the specific exceptions set forth above and pursuant to Internal Revenue Code Section 72 t).
The primary distribution (market incomes) is considerably more unequal than the secondary distribution (taxes and transfers).
Taxes are low, at least if you're in the upper part of the income distribution (taxes on the bottom 40percentt of the population are actually above the national average).
Though corporate tax rates remained unchanged, employee stock options will now be subject to taxes, and dividend distribution taxes on companies were hiked from 12.5% to 15%.
Another factor adding to the deficit is the distribution of tax rebates to individuals under the economic stimulus package signed into law by Mr. Bush in February.
But it has an impact on public health and safety, on economic opportunity, and on the distribution of tax burdens that have serious societal implications.
