Department of Revenue announces 2010 interest rates on tax refunds and assessments

The Louisiana Department of Revenue announces the 2010 interest rates for tax assessments and refunds.

Revenue Information Bulletin (RIB) 10-001 explains the 2010 interest rate on unpaid taxes.

Revenue Information Bulletin (RIB) 10-002 explains the 2010 interest rate on refunds of tax overpayments.

A Revenue Information Bulletin (RIB) is issued under the authority of LAC 61:III.101(D). A RIB is an informal statement of information issued for the public and employees that is general in nature. A RIB does not have the force and effect of law and is not binding on the public or on the Department of Revenue.