California interest rates increase for first half of 2019

The California Franchise Tax Board (FTB) announced that the personal income, corporate income, and franchise tax interest rate for January 1, 2019 to June 30, 2019, is increased from 4% to 5%. The rate for corporation income tax overpayments for the same period is increased to 2%. (Memorandum, California Franchise Tax Board, July 12, 2018.)

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