Chartered Accountants of Ontario, Canada

 

Tax Facts

Prescribed Interest Rates

Federal
January
to
March
April
to
June
July
to
September
October
to
December
 
 Under-payments          
      2007 9% 9%      
      2006 7% 8% 8% 9%  
      2005 7% 7% 7% 7%  
 Over-payments          
      2007 7% 7%      
      2006 5% 6% 6% 7%  
      2005 5% 5% 5% 5%  
 Taxable benefits and
  low interest loans
         
      2007 5% 5%      
      2006 3% 4% 4% 5%  
      2005 3% 3% 3% 3%