Posts Tagged Q2

Interest rates for the second calendar quarter

The following is now available on the CRA Web site:

News Release:

Ottawa, Ontario, March 3, 2008… The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates are calculated quarterly in accordance with applicable legislation and will be in effect from April 1, 2008, to June 30, 2008.

Income tax

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