Adjusted interest rateMarch 2022 Tax News
The adjusted interest rate will remain unchanged at 3%
For the period July 1, 2022, through December 31, 2022, the interest rate will:
- Remain at 3%
This is the rate compounded daily that accrues with respect to various state taxes, to include:
- Personal income
- Corporate income
- Franchise income
The rate for corporation tax overpayments for the period will also remain unchanged at 0%.
For more information on interest and estimate penalty rates.