Compliance

Tax Penalty

Additional tax, fine, or surcharge for non-compliance with pay equity provisions.

Definition

Any additional tax, fine, or surcharge levied on an employer for non-compliance with the reporting, auditing, or remedial action requirements stipulated in Title IV. These penalties serve as a deterrent against discriminatory pay practices and ensure accountability within the tax framework.

Tax Penalty - AI Regulation Glossary | RewardsET