IRS Interest Rates To Hold Steady in Third Quarter 2016

The Internal Revenue Service announced that interest rates will not change for the calendar quarter beginning July 1, 2016. Current rates are:

  • 4% for overpayments (3% for corporations);
  • 4% for underpayments;
  • 6% for large corporate underpayments; and
  • 1.5% for the portion of a corporate overpayment exceeding $10,000.

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