Current Interest Rates

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Interest Rate

On or before June 1 and December 1 of each year, the Secretary of Revenue establishes the interest rate to be in effect during the six-month period beginning on the next succeeding July 1 and January 1, respectively. The rate applies to refunds and assessments. G.S. 105-241.21

7% Interest Rate for January 1, 2008 through June 30, 2008

Interest rates for periods before January 1, 2008 are as follows:

Rate	Period
8%	January 1, 2007 through December 31, 2007
7%	January 1, 2006 through December 31, 2006
5%	July 1, 2003 through December 31, 2005
6%	January 1, 2002 through June 30, 2003
8%	January 1, 1999 through December 31, 2001

Last modified on: 02/29/08 11:22:18 AM .