Assertion: excise tax | /r/HasProperty | imposed on disqualified person
Facets:
Source sentences:
text: An excise tax of 10 percent of the amount involved in the act of self-dealing is imposed on the disqualified person, other than a foundation manager acting only as a manager, for each year or part of a year in the taxable period.
text: An excise tax of 200 percent of the amount involved is imposed on the disqualified person, other than a foundation manager acting only as a manager, who participated in the act of self-dealing, if the act of self-dealing is not corrected within the taxable period.