What is Idahos interest rate for taxes?
Year Annual Monthly Daily 2009 5% 0.0042 0.00013699 2008 7% 0.0058 0.00019178 2007 7% 0.0058 0.00019178 2006 6% 0.0050 0.00016393 2005 6% 0.0050 0.00016393 2004 6% 0.0050 0.00016393 2003 5% 0.0042 0.00013699 2002 7% 0.0058 0.00019178 2001 8% 0.0067 0.00021918 2000 8% 0.0067 0.00021918 1999 7% 0.0058 0.00019178 1998 8% 0.0067 0.00021918 1997 9% 0.0075 0.00024658 1996 8% 0.0067 0.00021918 1995 9% 0.0075 0.00024658 1994 7% 0.0058 0.00019178 7/81-12/93 12% 0.0100 0.00032877 Contact us if you need more information. Return to Questions GM – 11 How should I calculate penalties for permit-based returns, such as sales and use tax (Form 850) or income tax withholding (Form 910)? Permit-Based Taxes (except withholding): For most permit-based taxes, returns filed late are subject to penalty. No penalty is due if no tax is due. Penalty is 5% (.05) of the tax due for each late month or portion of a month. The maximum penalty is 25% (.25) and the minimum penalty amount is $10. Example 1: A sales and
