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.
Here are eight important points about penalties for filing or paying late. 1  A failure-to-file penalty may apply if you did not file by the tax filing deadline. 2  A failure-to-pay penalty may apply if you did not pay all of the taxes you owe by the tax filing deadline.