TIGTA-Ltrhead.dot - United States Department of the Treasury
TIGTA assesses interest, penalties, and administrative costs on Treasury debts in accordance with 31 U.S.C. § 3717 and 31 C.F.R. § 901.9. For debts coming due during the year beginning January 1, 2013—absent a statute or agreement to the contrary—simple interest will accrue on the principal of the debt at a rate of 1% daily. ................
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