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Unpaid tax penalities and interest..

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    Unpaid tax penalities and interest..

    Can someone tell me, how do I figure out how much interest is owed on a 900.00 tax bill that is billed at 8% interest for 3 years late? When the revenue office says interest on unpaid tax is assesed at 8% and accrues beginning on the date it is due, does that mean quarterly, daily, monthly yearly?

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