No Change in the Interest Rates for the Fourth Quarter, 2007

 

알림: 역사 콘텐츠


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

IR-2007-154, Sept. 4, 2007

WASHINGTON — The Internal Revenue Service today announced there will be no change in the interest rates for the calendar quarter beginning Oct. 1, 2007. The interest rates are as follows: 

  • 8 percent for overpayments (7 percent in the case of a corporation);
  • 8 percent for underpayments;
  • 10 percent for large corporate underpayments; and
  • 5.5 percent for the portion of a corporate overpayment exceeding $10,000.

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 0.5 of a percentage points.

The interest rates announced today are computed from the federal short-term rate based on daily compounding determined during July 2007.

Revenue Ruling 2007-56 PDF will appear in Internal Revenue Bulletin No. 2007-39, dated Sept. 24, 2007.

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