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CRA announces prescribed interest rates for third quarter

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The Canada Revenue Agency (CRA) has published the prescribed annual interest rates for amounts owed to or by the agency in the third quarter of 2019.

The only change is in the interest rate for corporate taxpayers’ pertinent loans or indebtedness, which will increase from 5.63% last quarter to 5.67% for the period from July 1 to September 30.

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Original Article Source Credits: Advisor’s Edge,https://www.advisor.ca

Article Written By Staff

Original Article Posted on : June 27, 2019

Link to Original Article: https://www.advisor.ca/tax/tax-news/cra-announces-prescribed-interest-rates-for-third-quarter/

 

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