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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