However, they are also subject to complex rules governing deferred compensation that, if not properly followed, can lead to penalty taxes.

Interest will be imposed on any outstanding land tax or penalty tax.

If they refuse to accept Islam, demand from them the Jizya (penalty tax).

But I would not be surprised to see some environmental penalty taxes because they are convenient sources of quick revenue.

Money that is withdrawn prior to the age of 59 typically incurs a 10% penalty tax unless a further exception applies.

It was never indexed for inflation and now, if not adjusted, would add a "penalty tax" to over 20 million families.

Many critics are lobbying to place a penalty tax on withdrawals or ban them altogether.

However, if a "non-qualified" withdrawal is made, the earnings portion will be subject to income tax and an additional 10% penalty tax.

Moreover penalty taxes must be imposed on those who want to work more.

"And you won't have to pay any penalty tax."