| Title: | RECONHELP - INTEREST |
|---|---|
| Date: | 2000-03-27 |
| To: | abi |
| Links: | previous, next |
TO: ALL ABI BROKERS.
FROM: DON LUTHER
SUBJECT: RECONHELP - INTEREST
DATE: 03/24/2000
INTEREST RATES FOR ADDITIONAL DUTY PAYMENTS
WHEN A RECONCILIATION RESULTS IN ADDITIONAL MONIES OWED
CUSTOMS, THE PAYMENT MUST BE MADE WITH INTEREST. INSTRUCTIONS
FOR CALCULATING INTEREST WERE GIVEN VIA ADMIN MESSAGE #99-0777
ON SEPTEMBER 14, 1999. THESE INSTRUCTIONS ARE ALSO AVAILABLE
THE RECONCILIATION WEBSITE AT WWW.CUSTOMS.GOV/RECON.
REFUND INTEREST IS CALCULATED BY CUSTOMS. INTEREST ON ADDITIONAL
PAYMENTS IS CALCULATED BY THE RECONCILIATION FILER, USING THE
RATES BELOW FOR THE TIME PERIODS INDICATED.
FROM TO RATE
040198 123198 8 PERCENT
010199 033199 7 PERCENT
040199 033100 8 PERCENT
040100 063000 9 PERCENT
THESE RATES ARE ALSO PUBLISHED QUARTERLY IN THE FEDERAL REGISTER.