Donnelly and Co.
Chartered Accountants
Prescribed Interest Rates : Donnelly

Prescribed Interest Rates

Canada Revenue Agency released the new prescribed annual interest rates that apply to amounts owing to the CRA and vice versa. Rates are calculated quarterly in accordance with the appropriate legislation.


Canada Revenue Agency – Prescribed interest rates: http://www.cra-arc.gc.ca/tx/fq/ntrst_rts/menu-eng.html