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22 Jun 10 GIC and SIC rates

The ATO has published the General interest charge (GIC) rates for the first quarter of 2010-11. The GIC annual rate for July – September 2010 is 11.8% while the GIC daily rate is 0.03232877%.

The ATO has published the Shortfall interest charge (SIC) rates for the first quarter of 2010-11. The SIC annual rate for July – September 2010 is 7.8% while the SIC daily rate is 0.02136986%.

 


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