Common use of Interest Due Clause in Contracts

Interest Due. If your report is late, you must pay interest to each jurisdiction where tax is owed in column “9”. For months late beginning to January 2020, multiply tax due (column “9”) times the interest rate of 0.5% or 0.005 per month, times the number of months late. Partial month (even one day) will be charged full month of interest.

Interest Due. If your report is late, you must pay interest to each jurisdiction where tax is owed in column “9”. For months late beginning prior to January 20202019, multiply tax due (column “9”) times the interest rate of 0.50.4167% per month, times the number of months late. For months late beginning January 2019, multiply tax due (column “9”) times the interest rate of 0.5833% or 0.005 0.005833 per month, times the number of months late. Partial month (or even one day) will be charged a full month of interest.

Interest Due. If your report is late, you must pay interest to each jurisdiction where tax is owed in column “9”. For months late beginning January 2019, multiply tax due (column “9”) times the interest rate of 0.5833% or 0.005833 per month, times the number of months late. For months late beginning to January 2020, multiply tax due (column “9”) times the interest rate of 0.5% or 0.005 per month, times the number of months late. Partial month (even one day) will be charged full month of interest.

Interest Due. If your report is late, you must pay interest to each jurisdiction where tax is owed in column “9”. For months late beginning January 2019, multiply tax due (column “9”) times the interest rate of 0.5833% or 0.005833 per month, times the number of months late. For months late beginning to January 2020, multiply tax due (column “9”) times the interest rate of 0.5% or 0.005 per month, times the number of months late. Partial month (or even one day) will be charged a full month of interest.