THE Minister of Finance and Economic Development, in terms of sections 48, 71 and 73 of the Income Tax Act [Chapter 23:06], hereby makes the following notice:—
1. This notice may be cited as the Income Tax (Rate of Interest) Notice, 2019.
Rate of interest on unpaid or overpaid income tax
2. (1) Subject to subsection (2), the rate of interest for any month or part thereof during which tax remains unpaid shall, for the purposes of sections 48, 71 and 73(3) of the Act, be twenty-five per centum.