For instance, if interest rates are 10%, tax relief is 30% and inflation is 7%, the real after-tax interest rate is 0%.
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Interest at the appropriate underpayment rate must be paid on tax payments received after November 16, 2011.
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After the 2007-09 Recession, the stimulus packages supported by low interest rate tier 1 lending, tax breaks and initiatives were paramount to save the economies from total collapse.
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