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.
Sales and Use Tax â Penalties and Interest Penalty and interest may be charged for both late filing of a tax return and late payment of tax due as follows: The late filing penalty is 5% of the tax due for each month or part of a month the return is late. The maximum penalty for late filing is 25%. A penalty of $100 for each month the return is late may also be charged. A late payment penalty of 5% of the tax due may also be charged. Interest is calculated at the annual rate of 3% above the prime rate for every month or part of a month the tax is unpaid, compounded annually.