CRA: Interest rates for the third calendar quarter
The Canada Revenue Agency (CRA) announced, [on June 16, 2017], the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from July 1, 2017, to September 30, 2017.
There have been no changes to the prescribed interest rates since last quarter, except for the interest rate for corporate taxpayers’ pertinent loans or indebtedness.
Details are available on the CRA website.