Tax & Accounting Blog

Maryland Sets 2017 Interest Rate on Refunds and Delinquent Taxes

Maryland Sets 2017 Interest Rate on Refunds and Delinquent Taxes

Pursuant to Article §13-604, the Maryland Comptroller is required to annually set the interest rate on refunds and moneys owed to the State. The Comptroller has announced that for the 2017 calendar year, the annual interest rate is 12%. (General Notice, Maryland Comptroller of the Treasury, Maryland Register Vol. 43, Issue 21, 10/14/2016.) For corporations and … Read More