Penalty levy power: Board may impose specified statutory penalties by order after a prescribed inquiry, aligning settlements with enforcement. The amendment creates an administrative penalty power permitting the Board to levy specified statutory penalties by order after holding an inquiry in the prescribed manner, without prejudice to existing statutory powers; it also adds settlement-based penalties from related settlement mechanisms into the subsection governing referenced enforcement matters.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Penalty levy power: Board may impose specified statutory penalties by order after a prescribed inquiry, aligning settlements with enforcement.
The amendment creates an administrative penalty power permitting the Board to levy specified statutory penalties by order after holding an inquiry in the prescribed manner, without prejudice to existing statutory powers; it also adds settlement-based penalties from related settlement mechanisms into the subsection governing referenced enforcement matters.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
