What is the minimum penalty for late filing in California based on unpaid tax?

Study for the California Real Estate Tax Law Course. Explore multiple choice questions with detailed explanations. Get exam ready today!

The minimum penalty for late filing in California based on unpaid tax is a fixed amount that is applied to encourage timely submission of tax obligations. In this instance, the correct answer reflects the established minimum penalty of $135.

This penalty serves as a baseline that the California tax authority imposes to maintain compliance and accountability among taxpayers. While other penalties may vary or escalate based on specific circumstances, the $135 figure is consistently applied as the standard minimum for late filings.

It's crucial for taxpayers to understand these fines, as they can add up over time, influencing overall tax liability. Awareness of such penalties can also motivate individuals to file their taxes on time to avoid incurring unnecessary costs.

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