No Change in Interest Rates for the First Quarter of 2007

 

알림: 역사 콘텐츠


본 문서는 기록 자료 또는 역사 자료로서 현행 법이나 정책, 절차>를 반영하고 있지 않을 수 있습니다.

IR-2006-190, Dec. 12, 2006

WASHINGTON — The Internal Revenue Service today announced there will be no change in the interest rates for the calendar quarter beginning January 1, 2007.  The interest rates are as follows: 
 
•  eight (8) percent for overpayments [seven (7) percent in the case of a corporation];
  •  eight (8) percent for underpayments;
  •  ten (10) percent for large corporate underpayments; and
•  five and one-half (5.5) percent for the portion of a corporate overpayment exceeding $10,000.

Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis.  For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.  Generally, in the case of a corporation, the underpayment rate is the federal short-term rate plus 3 percentage points and the overpayment rate is the federal short-term rate plus 2 percentage points.  The rate for large corporate underpayments is the federal short-term rate plus 5 percentage points.  The rate on the portion of a corporate overpayment of tax exceeding $10,000 for a taxable period is the federal short-term rate plus one-half (0.5) of a percentage point.

The interest rates announced today are computed from the federal short-term rate based on daily compounding determined during October 2006.

Rev. Rul. 2006-63, announcing the new rates of interest, is attached and will appear in Internal Revenue Bulletin No. 2006-52, dated December 26, 2006.

Related Item:

Subscribe to IRS Newswire