Wednesday, October 22, 2014

RI Interest Rates Posted for 2015

The Rhode Island Division of Taxation has posted the interest rates that will apply for 2015 on overpayments and delinquencies. The rates are based on a formula set in statute.

The rates for the 2015 calendar year are the same as those that apply for the 2014 calendar year: 18% per annum on delinquent tax payments, 3.25% per annum on overpayments.

A complete listing of rates by year, can be viewed on the RI Division of Taxation website.

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