Altering the calculation of the annual interest rate that the Comptroller sets for tax deficiencies and refunds as the lesser of 13% or 3 percentage points above the average prime rate of interest quoted by commercial banks to large businesses during the State's previous fiscal year; etc.
Bill File Type: Regular
Effective Date(s): July 1, 2015
|Date Posted||Document Name|
|2/13/2015||Text - First - Tax Procedure - Interest Rate on Tax Deficiencies and Refunds|
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Last Updated: 2/3/2020 2:29 PM