The Spanish Empire. Habsburg Spain was a superpower and the center of the first global empire in the 16th century. It had a cultural golden age in the 17th century. With the Peace of Utrecht (1713), Spain, stripped of its territories in Italy and the Low Countries, lost most of its power, and became a second rate nation in Continental politics.
The late tax filing penalty is typically calculated as 5% of the total amount of unpaid taxes for every month that a tax return is past its due date. The total accumulated penalty amount canât exceed 25% of the total amount of your unpaid taxes.
Penalty for Failure to Timely File Return: If a taxpayer is required to file an income or excise tax return and fails to timely do so, a late filing penalty may be assessed. The penalty is 5% of the amount of unpaid tax per month (or partial month) the return is late, up to a maximum of 25%. A minimum penalty of $135 may apply for returns over 60 days late. The minimum penalty is the lesser of $135 or 100% of the tax due on the return.