Consequences of Financial Hardship Withdrawals. Your financial hardship withdrawal is subject to Federal income tax and, in some cases, state income tax. If you are younger than 59Â½, you may have to pay a 10% early withdrawal penalty tax.
The âpresidential-parliamentary systemâ of the Fifth Republic carries over the institutions of the previous republics, incorporating elements of the conventional presidential system and parliamentary system.
Further information: Territorial evolution of France and Decentralisation in France. The term rÃ©gion was officially created by the Law of Decentralisation (2 March 1982), which also gave regions their legal status. The first direct elections for regional representatives took place on 16 March 1986.