Interest rates remain the same for the fourth quarter of 208

IR-208-8, Sept. 7, 208

IR-208-8, Sept. 7, 208

WASHINGTON ― The Internal Revue Service toy announced that interest rates will remain the same for the calr quarter beginning Oct. , 208.  The rates will be:

WASHINGTON ― The Internal Revue Service toy announced that interest rates will remain the same for the calr quarter beginning Oct. , 208.  The rates will be:

Under the Internal Revue Code, the rate of interest is determined on a quarterly basis.  For taxpayers other than corporations, the overpaymt and underpaymt rate is the federal short-term rate plus 3 perctage points. 

Under the Internal Revue Code, the rate of interest is determined on a quarterly basis.  For taxpayers other than corporations, the overpaymt and underpaymt rate is the federal short-term rate plus 3 perctage points. 

Gerally, in the case of a corporation, the underpaymt rate is the federal short-term rate plus 3 perctage points and the overpaymt rate is the federal short-term rate plus 2 perctage points. The rate for corporate underpaymts is the federal short-term rate plus 5 perctage points. The rate on the portion of a corporate overpaymt of tax exceeding $0,000 for a tax period is the federal short-term rate plus one-half (0.5) of a perctage point.

Gerally, in the case of a corporation, the underpaymt rate is the federal short-term rate plus 3 perctage points and the overpaymt rate is the federal short-term rate plus 2 perctage points. The rate for corporate underpaymts is the federal short-term rate plus 5 perctage points. The rate on the portion of a corporate overpaymt of tax exceeding $0,000 for a tax period is the federal short-term rate plus one-half (0.5) of a perctage point.

The interest rates announced toy are computed from the federal short-term rate determined during July 208 to take effect Aug. , 208, based on ily compounding.

The interest rates announced toy are computed from the federal short-term rate determined during July 208 to take effect Aug. , 208, based on ily compounding.

Revenue Ruling 2018-25, announcing the rates of interest, is attached and will appear in Internal Revue Bulletin 208-39, ted Sept. 24, 208.

Revenue Ruling 2018-25, announcing the rates of interest, is attached and will appear in Internal Revue Bulletin 208-39, ted Sept. 24, 208.


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