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CBP Interest Rate for Reconciliation Entries Unchanged at 3 Percent

Interest rates for additional duties due and other money owed to the government as a result of reconciliation will remain at 3 percent through Dec. 31, CBP said. The rate is unchanged since October 2011.

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.