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.
1 If your return is over 60 days late, there is also a minimum penalty for late filing; it is the lesser of $135 or 100 percent of the tax owed unless you had reasonable cause and acted in good faith. 2  See Topic 304 for information about extensions if you cannot file on time.