EDD announces increased interest rate for first half of 2017
The EDD announced that the interest rate on delinquent taxes will remain at 4% for the period of July 1, 2017, through December 31, 2017.
The interest rate is established under R&TC §19521, and interest compounds daily on:
- All unpaid tax;
- Interest; and
- Certain penalties.
For more information, go to: