Tag Archives: interest rates
CRA Announces Interest Rates For The First Quarter
Posted on 05. Dec, 2009 by Phil Hogan, CA.
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CRA has announced their interest rates for the first quarter of 2010. The rates include both the penalty rates for overdue balances as well as the prescribed rates for employee and shareholder loans: The interest rate charged on overdue taxes, Canada Pension Plan contributions, and Employment Insurance premiums will be 5%. The interest rate paid [...]
