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Vermont Announces Declared Rate for 2021

Under Vt. Stat. Ann. tit 32, § 3108 (establishment of interest rates), the Vermont Commissioner of Taxes is required to set interest rates no later than December 15th of each year with rates that become effective on January 1st of the following year and apply to interest that accrues in that calendar year. On December 8, 2020, the Vermont Commissioner of Taxes issued a memorandum on interest rates for 2021.

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