A temporary resident must apply to extend their period of authorized stay before it ends. If they have done so, their period of authorized stay as a temporary resident is extended by law until a decision is made [R183(5)]. Such a person is considered to have implied status as a temporary resident during that period.
DEFINITION of 'Times Interest Earned-TIE'. A metric used to measure a company's ability to meet its debt obligations. It is calculated by taking a company's earnings before interest and taxes (EBIT) and dividing it by the total interest payable on bonds and other contractual debt.
Interest rates are set by the IRS every three months at the federal short-term rate plus 3 percent. Interest is calculated for each day your balance is not paid in full, assessed on the unpaid amount of tax due as well as any late filing or late payment penalties. In other words, you have to pay both.