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

Disclaimer: The interest rates shown here do not apply to IFTA. See IFTA Annual Interest Rates.



5% Interest Rate for July 1, 2014 through December 31, 2014




Interest rates for periods before July 1, 2014 are as follows:

Rate
Period
5%
July 1, 2008 through June 30, 2014
7%
January 1, 2008 through June 30, 2008
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