Updated October 28, 2016. Exterior walls can be finished with a wide array of materials and techniques. Exterior wall finishes can produce significant savings for the contractor as well as for the building occupant and there are many options that will protect you from fire, heat, snow and that can save some money to you.
When Is Penalty Interest Payable? Penalty interest is payable when money is due, but is not paid by the due date. This means that late payment of deposit or late payment of the balance of the purchase price at settlement will usually give rise to an obligation to pay penalty interest.
Penalty & Interest. TAX YEARS 2015 AND PRIOR: INTEREST: The rate of interest is 6% per annum (1/2% per month)will apply to all 2015 and prior tax returns and underpayment of estimate tax (Form 2210) even if filed after 1/1/2016. PENALTY: The penalty for not paying timely is 5% for each of the first 5 months and an additional 1-1/2% per month thereafter.