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Post details: Colorado --Multiple Taxes: Interest Rates Announced for 2009
09/26/08
Colorado --Multiple Taxes: Interest Rates Announced for 2009
CCH (cch.taxgroup.com) reports:
The 2009 annual interest rate drops from 11% to 8% on underpayments and nonpayments of Colorado taxes. In addition, the interest rate decreases from 8% to 5% if payment of the tax, or an agreement to pay, is made within 30 days of notice of underpayment or nonpayment, or if an underpayment or nonpayment is cured voluntarily without notification from the Department of Revenue.
Subscribers to CCH Tax Research NetWork can view the notice.
FYI General 11 , Colorado Department of Revenue, September 2008.
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