CBP Increases Interest Rates on Overpayments and Underpayments of Customs Duties
U.S. and Customs and Border Protection published a notice in today's Federal Register stating that it has increased the interest rates used to calculate interest on overpayments and underpayments of customs duties. For the calendar quarter beginning October 1, 2005, the interest rates for overpayments will be 6 percent for corporations and 7 percent for non-corporations, and the interest rate for underpayments will be 7 percent.
Labels: Customs
|posted by Douglas N. Jacobson| Permalink 
