Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 5099-5100 [2019-02834]
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5099
Federal Register / Vol. 84, No. 34 / Wednesday, February 20, 2019 / Notices
Last/company name
First name
Goris .........................................................................
Keller .........................................................................
Kennedy ....................................................................
Landsbaum ...............................................................
Langham ...................................................................
Meadows ...................................................................
Meadows ...................................................................
Strobel .......................................................................
Vogt ...........................................................................
Williams .....................................................................
Bastman ....................................................................
Hall ............................................................................
Huber ........................................................................
Joye ..........................................................................
Karumsi .....................................................................
Lisowski ....................................................................
Menendez .................................................................
Rodrigues ..................................................................
Santana ....................................................................
Suzanne Shiffer CB, Inc ...........................................
Villar ..........................................................................
Wise ..........................................................................
Depace ......................................................................
Essex ........................................................................
Golemon ...................................................................
Oskul .........................................................................
Seligmann .................................................................
Ware .........................................................................
Jan C ........................................................................
Donald A ..................................................................
Duane .......................................................................
Daniel .......................................................................
Stan ..........................................................................
Matthew ....................................................................
William Harry ............................................................
Alicia .........................................................................
Cynthia A .................................................................
Richard .....................................................................
Anders ......................................................................
Corie .........................................................................
Donald ......................................................................
Mark .........................................................................
Dipan ........................................................................
Louis .........................................................................
Robert ......................................................................
Raymond ..................................................................
Freddie .....................................................................
..................................................................................
Barbara ....................................................................
Jonathan ..................................................................
Lawrence ..................................................................
Ashley E ...................................................................
Meredith Lee ............................................................
Mehrnoosh Rouhani .................................................
Emanuel Mark ..........................................................
Sarah Rebecca ........................................................
Dated: December 21, 2018.
Brenda B. Smith,
Executive Assistant Commissioner, Office of
Trade.
[FR Doc. 2019–02837 Filed 2–19–19; 8:45 am]
BILLING CODE 9111–14–P
FOR FURTHER INFORMATION CONTACT:
DEPARTMENT OF HOMELAND
SECURITY
Bruce Ingalls, Revenue Division,
Collection Refunds & Analysis Branch,
6650 Telecom Drive, Suite #100,
Indianapolis, Indiana 46278; telephone
(317) 298–1107.
SUPPLEMENTARY INFORMATION:
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in
Calculating Interest on Overdue
Accounts and Refunds on Customs
Duties
Background
U.S. Customs and Border
Protection, Department of Homeland
Security.
ACTION: General notice.
AGENCY:
This notice advises the public
that the quarterly Internal Revenue
Service interest rates used to calculate
interest on overdue accounts
(underpayments) and refunds
(overpayments) of customs duties will
increase from the previous quarter. For
the calendar quarter beginning January
1, 2019, the interest rates for
overpayments will be 5 percent for
corporations and 6 percent for noncorporations, and the interest rate for
underpayments will be 6 percent for
both corporations and non-corporations.
SUMMARY:
VerDate Sep<11>2014
17:16 Feb 19, 2019
Jkt 247001
This notice is published for the
convenience of the importing public
and U.S. Customs and Border Protection
personnel.
DATES: The rates announced in this
notice are applicable as of January 1,
2019.
Pursuant to 19 U.S.C. 1505 and
Treasury Decision 85–93, published in
the Federal Register on May 29, 1985
(50 FR 21832), the interest rate paid on
applicable overpayments or
underpayments of customs duties must
be in accordance with the Internal
Revenue Code rate established under 26
U.S.C. 6621 and 6622. Section 6621
provides different interest rates
applicable to overpayments: one for
corporations and one for noncorporations.
The interest rates are based on the
Federal short-term rate and determined
by the Internal Revenue Service (IRS) on
behalf of the Secretary of the Treasury
on a quarterly basis. The rates effective
for a quarter are determined during the
PO 00000
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07387
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07328
13978
Port of issuance
St. Louis.
St. Louis.
St. Louis.
St. Louis.
St. Louis.
St. Louis.
St. Louis.
St. Louis.
St. Louis.
St. Louis.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Tampa.
Washington,
Washington,
Washington,
Washington,
Washington,
Washington,
DC.
DC.
DC.
DC.
DC.
DC.
first-month period of the previous
quarter.
In Revenue Ruling 2018–32, the IRS
determined the rates of interest for the
calendar quarter beginning January 1,
2019, and ending on March 31, 2019.
The interest rate paid to the Treasury for
underpayments will be the Federal
short-term rate (3%) plus three
percentage points (3%) for a total of six
percent (6%) for both corporations and
non-corporations. For corporate
overpayments, the rate is the Federal
short-term rate (3%) plus two
percentage points (2%) for a total of five
percent (5%). For overpayments made
by non-corporations, the rate is the
Federal short-term rate (3%) plus three
percentage points (3%) for a total of six
percent (6%). These interest rates used
to calculate interest on overdue
accounts (underpayments) and refunds
(overpayments) of customs duties are
increased from the previous quarter.
These interest rates are subject to
change for the calendar quarter
beginning April 1, 2019, and ending
June 30, 2019.
For the convenience of the importing
public and U.S. Customs and Border
Protection personnel the following list
of IRS interest rates used, covering the
period from July of 1974 to date, to
calculate interest on overdue accounts
and refunds of customs duties, is
published in summary format.
E:\FR\FM\20FEN1.SGM
20FEN1
5100
Federal Register / Vol. 84, No. 34 / Wednesday, February 20, 2019 / Notices
Beginning date
070174
070175
020176
020178
020180
020182
010183
070183
010185
070185
010186
070186
010187
100187
010188
040188
100188
040189
100189
040191
010192
040192
100192
070194
100194
040195
070195
040196
070196
040198
010199
040199
040100
040101
070101
010102
010103
100103
040104
070104
100104
040105
100105
070106
010108
040108
070108
100108
010109
040109
010111
040111
100111
040116
040118
010119
Underpayments
(percent)
Ending date
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063075
013176
013178
013180
013182
123182
063083
123184
063085
123185
063086
123186
093087
123187
033188
093088
033189
093089
033191
123191
033192
093092
063094
093094
033195
063095
033196
063096
033198
123198
033199
033100
033101
063001
123101
123102
093003
033104
063004
093004
033105
093005
063006
123107
033108
063008
093008
123108
033109
123110
033111
093011
033116
033118
123118
033119
Dated: February 12, 2019.
Samuel D. Grable,
Assistant Commissioner and Chief Financial
Officer, Office of Finance.
[FR Doc. 2019–02834 Filed 2–19–19; 8:45 am]
BILLING CODE 9111–14–P
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U.S. Customs and Border Protection
SUMMARY:
U.S. Customs and Border
Protection, Department of Homeland
Security.
17:16 Feb 19, 2019
Jkt 247001
PO 00000
Frm 00055
Fmt 4703
Sfmt 4703
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Corporate
overpayments
(Eff. 1–1–99)
(percent)
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Revocation of customs broker’s
ACTION:
AGENCY:
VerDate Sep<11>2014
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DEPARTMENT OF HOMELAND
SECURITY
Notice of Revocation of Customs
Broker’s License
Overpayments
(percent)
license.
This document provides
notice of the revocation by operation of
law of a customs broker’s license.
FOR FURTHER INFORMATION CONTACT:
Melba Hubbard, Branch Chief, Broker
Management, Office of Trade, (202)
325–6986, melba.hubbard@cbp.dhs.gov.
E:\FR\FM\20FEN1.SGM
20FEN1
]]>Agencies
[Federal Register Volume 84, Number 34 (Wednesday, February 20, 2019)]
[Notices]
[Pages 5099-5100]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-02834]
-----------------------------------------------------------------------
DEPARTMENT OF HOMELAND SECURITY
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in Calculating Interest on
Overdue Accounts and Refunds on Customs Duties
AGENCY: U.S. Customs and Border Protection, Department of Homeland
Security.
ACTION: General notice.
-----------------------------------------------------------------------
SUMMARY: This notice advises the public that the quarterly Internal
Revenue Service interest rates used to calculate interest on overdue
accounts (underpayments) and refunds (overpayments) of customs duties
will increase from the previous quarter. For the calendar quarter
beginning January 1, 2019, the interest rates for overpayments will be
5 percent for corporations and 6 percent for non-corporations, and the
interest rate for underpayments will be 6 percent for both corporations
and non-corporations. This notice is published for the convenience of
the importing public and U.S. Customs and Border Protection personnel.
DATES: The rates announced in this notice are applicable as of January
1, 2019.
FOR FURTHER INFORMATION CONTACT: Bruce Ingalls, Revenue Division,
Collection Refunds & Analysis Branch, 6650 Telecom Drive, Suite #100,
Indianapolis, Indiana 46278; telephone (317) 298-1107.
SUPPLEMENTARY INFORMATION:
Background
Pursuant to 19 U.S.C. 1505 and Treasury Decision 85-93, published
in the Federal Register on May 29, 1985 (50 FR 21832), the interest
rate paid on applicable overpayments or underpayments of customs duties
must be in accordance with the Internal Revenue Code rate established
under 26 U.S.C. 6621 and 6622. Section 6621 provides different interest
rates applicable to overpayments: one for corporations and one for non-
corporations.
The interest rates are based on the Federal short-term rate and
determined by the Internal Revenue Service (IRS) on behalf of the
Secretary of the Treasury on a quarterly basis. The rates effective for
a quarter are determined during the first-month period of the previous
quarter.
In Revenue Ruling 2018-32, the IRS determined the rates of interest
for the calendar quarter beginning January 1, 2019, and ending on March
31, 2019. The interest rate paid to the Treasury for underpayments will
be the Federal short-term rate (3%) plus three percentage points (3%)
for a total of six percent (6%) for both corporations and non-
corporations. For corporate overpayments, the rate is the Federal
short-term rate (3%) plus two percentage points (2%) for a total of
five percent (5%). For overpayments made by non-corporations, the rate
is the Federal short-term rate (3%) plus three percentage points (3%)
for a total of six percent (6%). These interest rates used to calculate
interest on overdue accounts (underpayments) and refunds (overpayments)
of customs duties are increased from the previous quarter. These
interest rates are subject to change for the calendar quarter beginning
April 1, 2019, and ending June 30, 2019.
For the convenience of the importing public and U.S. Customs and
Border Protection personnel the following list of IRS interest rates
used, covering the period from July of 1974 to date, to calculate
interest on overdue accounts and refunds of customs duties, is
published in summary format.
[[Page 5100]]
----------------------------------------------------------------------------------------------------------------
Corporate
Underpayments Overpayments overpayments
Beginning date Ending date (percent) (percent) (Eff. 1-1-99)
(percent)
----------------------------------------------------------------------------------------------------------------
070174.............................. 063075................. 6 6 ...............
070175.............................. 013176................. 9 9 ...............
020176.............................. 013178................. 7 7 ...............
020178.............................. 013180................. 6 6 ...............
020180.............................. 013182................. 12 12 ...............
020182.............................. 123182................. 20 20 ...............
010183.............................. 063083................. 16 16 ...............
070183.............................. 123184................. 11 11 ...............
010185.............................. 063085................. 13 13 ...............
070185.............................. 123185................. 11 11 ...............
010186.............................. 063086................. 10 10 ...............
070186.............................. 123186................. 9 9 ...............
010187.............................. 093087................. 9 8 ...............
100187.............................. 123187................. 10 9 ...............
010188.............................. 033188................. 11 10 ...............
040188.............................. 093088................. 10 9 ...............
100188.............................. 033189................. 11 10 ...............
040189.............................. 093089................. 12 11 ...............
100189.............................. 033191................. 11 10 ...............
040191.............................. 123191................. 10 9 ...............
010192.............................. 033192................. 9 8 ...............
040192.............................. 093092................. 8 7 ...............
100192.............................. 063094................. 7 6 ...............
070194.............................. 093094................. 8 7 ...............
100194.............................. 033195................. 9 8 ...............
040195.............................. 063095................. 10 9 ...............
070195.............................. 033196................. 9 8 ...............
040196.............................. 063096................. 8 7 ...............
070196.............................. 033198................. 9 8 ...............
040198.............................. 123198................. 8 7 ...............
010199.............................. 033199................. 7 7 6
040199.............................. 033100................. 8 8 7
040100.............................. 033101................. 9 9 8
040101.............................. 063001................. 8 8 7
070101.............................. 123101................. 7 7 6
010102.............................. 123102................. 6 6 5
010103.............................. 093003................. 5 5 4
100103.............................. 033104................. 4 4 3
040104.............................. 063004................. 5 5 4
070104.............................. 093004................. 4 4 3
100104.............................. 033105................. 5 5 4
040105.............................. 093005................. 6 6 5
100105.............................. 063006................. 7 7 6
070106.............................. 123107................. 8 8 7
010108.............................. 033108................. 7 7 6
040108.............................. 063008................. 6 6 5
070108.............................. 093008................. 5 5 4
100108.............................. 123108................. 6 6 5
010109.............................. 033109................. 5 5 4
040109.............................. 123110................. 4 4 3
010111.............................. 033111................. 3 3 2
040111.............................. 093011................. 4 4 3
100111.............................. 033116................. 3 3 2
040116.............................. 033118................. 4 4 3
040118.............................. 123118................. 5 5 4
010119.............................. 033119................. 6 6 5
----------------------------------------------------------------------------------------------------------------
Dated: February 12, 2019.
Samuel D. Grable,
Assistant Commissioner and Chief Financial Officer, Office of Finance.
[FR Doc. 2019-02834 Filed 2-19-19; 8:45 am]
BILLING CODE 9111-14-P
