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.
Article: German system of government Bundesregierung / The Federal Government Germany is a republic with a parliamentary democracy and a bicameral system of government. The Federal Government consists of the Chancellor and his or her ministers who are drawn from the members of the Bundestag.