Interest Rates for the 2015 Calendar Year

The Rhode Island Division of Taxation this afternoon 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.

For additional information, please use the following link:
http://www.tax.ri.gov/misc/InterestRateChange10302008.php