Sales Tax State Activity Update - October 2004

Canadian Tax Interest Rates Announced

The Canada Revenue Agency (CRA) announced on September 8, 2004, the established annual interest rates that will apply to any amounts due to the CRA or owed to individuals and corporations. These rates will be in effect from October 1, 2004 through December 31, 2004.

The full text can be found at: http://www.cra-arc.gc.ca/nwsrm/rlss/2004/m09/0908ntrst-eng.html

(Canadian Customs and Revenue Agency Web-Site, September 8, 2004)

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