Browsing: penalty

SMP Automotive Systems Alabama Inc, an indirect wholly owned subsidiary of Samvardhana Motherson International Limited, was penalised USD 43,200 by the IRS USA for delaying the filing of Form 8955-SSA for the year ended December 31, 2024. The order, dated July 13, 2026, was received on July 20, 2026. The company confirmed there is no…