CBS 2 - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Iowa Department Of Revenue Sets Interest Rate

DES MOINES (CBS 2/FOX 28) - The Iowa Department of Revenue sets the 2014 interest rate at five percent.  That means anyone late paying their taxes will have to add another five percent to their total.  The state of Iowa will also have to pay five percent interest on any unpaid tax refunds after June 1st. 

  By law, the rate is decided by adding two percentage points added to the prime interest rate.

Advertise with us!
Brought to you by:
Brought to you by:

Washington Times

Sponsored content