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.
The penalty for filing the return late is 5 percent of the unpaid taxes for each month (or for part of a month) that the tax return is late. If the tax return is more than 60 days late, the minimum penalty is the lesser of $135 or 100 percent of the unpaid tax. The maximum penalty is 25 percent of the unpaid tax. For example, if a taxpayer is 5 months late with filing their tax return, the taxpayer will be assessed the maximum penalty of 25 percent (5 months multiplied by 5 percent of the unpaid tax).