Interest rates decrease March 2021 Tax News
For the period July 1, 2021, through December 31, 2021, the interest rate will:
- Decrease from 5% to 3%.
This is the rate compounded daily that accrues with respect to various state taxes including:
- Personal income
- Corporate income
- Franchise income
The rate for corporation tax overpayments for the period will decrease from 2% to 0%.
Visit our interest rates webpage for more information on past interest rates.