Interest Rates Unchanged In Third Quarter Of 2012.
MAY 22, 2012
Rev. Rul. 2012-16; 2012-26 I.R.B. 1035
DOCUMENT ATTRIBUTES
- Institutional AuthorsInternal Revenue Service
- Cross-ReferenceFor a related IRS news release, see Doc 2012-11013.
- Code Sections
- Subject Area/Tax Topics
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2012-11012
- Tax Analysts Electronic Citation2012 TNT 100-9
Citations: Rev. Rul. 2012-16; 2012-26 I.R.B. 1035
Part 1
Section 6621. -- Determination of Rate of Interest
26 CFR 301.6621-1: Interest rate.
Section 6621 of the Internal Revenue Code establishes the interest rates on overpayments and underpayments of tax. Under section 6621(a)(1), the overpayment rate is the sum of the federal short-term rate plus 3 percentage points (2 percentage points in the case of a corporation), except the rate for the portion of a corporate overpayment of tax exceeding $10,000 for a taxable period is the sum of the federal short-term rate plus 0.5 of a percentage point. Under section 6621(a)(2), the underpayment rate is the sum of the federal short-term rate plus 3 percentage points.
Section 6621(c) provides that for purposes of interest payable under section 6601 on any large corporate underpayment, the underpayment rate under section 6621(a)(2) is determined by substituting "5 percentage points" for "3 percentage points." See section 6621(c) and section 301.6621-3 of the Regulations on Procedure and Administration for the definition of a large corporate underpayment and for the rules for determining the applicable date. Section 6621(c) and section 301.6621-3 are generally effective for periods after December 31, 1990.
Section 6621(b)(1) provides that the Secretary will determine the federal short-term rate for the first month in each calendar quarter. Section 6621(b)(2)(A) provides that the federal short-term rate determined under section 6621(b)(1) for any month applies during the first calendar quarter beginning after that month. Section 6621(b)(3) provides that the federal short-term rate for any month is the federal short-term rate determined during that month by the Secretary in accordance with section 1274(d), rounded to the nearest full percent (or, if a multiple of 1/2 of 1 percent, the rate is increased to the next highest full percent).
Notice 88-59, 1988-1 C.B. 546, announced that, in determining the quarterly interest rates to be used for overpayments and underpayments of tax under section 6621, the Internal Revenue Service will use the federal short-term rate based on daily compounding because that rate is most consistent with section 6621 which, pursuant to section 6622, is subject to daily compounding.
The federal short-term rate determined in accordance with section 1274(d) during April 2012 is the rate published in Revenue Ruling 2012-13, 2012-19 IRB 878 to take effect beginning May 1, 2012. The federal short-term rate, rounded to the nearest full percent, based on daily compounding determined during the month of April 2012 is 0 percent. Accordingly, an overpayment rate of 3 percent (2 percent in the case of a corporation) and an underpayment rate of 3 percent are established for the calendar quarter beginning July 1, 2012. The overpayment rate for the portion of a corporate overpayment exceeding $10,000 for the calendar quarter beginning July 1, 2012, is 0.5 percent. The underpayment rate for large corporate underpayments for the calendar quarter beginning July 1, 2012, is 5 percent. These rates apply to amounts bearing interest during that calendar quarter.
The 3 percent rate also applies to estimated tax underpayments for the third calendar quarter in 2012.
Interest factors for daily compound interest for annual rates of 0.5 percent are published in Appendix A of this Revenue Ruling. Interest factors for daily compound interest for annual rates of 2 percent, 3 percent and 5 percent are published in Tables 57, 59, and 63 of Rev. Proc. 95-17, 1995-1 C.B. 611, 613, and 617.
Annual interest rates to be compounded daily pursuant to section 6622 that apply for prior periods are set forth in the tables accompanying this revenue ruling.
DRAFTING INFORMATION
The principal author of this revenue ruling is A.M. Gulas of the Office of Associate Chief Counsel (Procedure & Administration). For further information regarding this revenue ruling, contact Ms. Gulas at (202) 622-4570 (not a toll-free call).
* * * *
APPENDIX A
365 Day Year
0.5% Compound Rate 184 Days
_____________________________________________________________________
Days Factor Days Factor
_____________________________________________________________________
1 0.000013699 93 0.001274776
2 0.000027397 94 0.001288492
3 0.000041096 95 0.001302208
4 0.000054796 96 0.001315925
5 0.000068495 97 0.001329641
6 0.000082195 98 0.001343358
7 0.000095894 99 0.001357075
8 0.000109594 100 0.001370792
9 0.000123294 101 0.001384510
10 0.000136995 102 0.001398227
11 0.000150695 103 0.001411945
12 0.000164396 104 0.001425663
13 0.000178097 105 0.001439381
14 0.000191798 106 0.001453100
15 0.000205499 107 0.001466818
16 0.000219201 108 0.001480537
17 0.000232902 109 0.001494256
18 0.000246604 110 0.001507975
19 0.000260306 111 0.001521694
20 0.000274008 112 0.001535414
21 0.000287711 113 0.001549133
22 0.000301413 114 0.001562853
23 0.000315116 115 0.001576573
24 0.000328819 116 0.001590293
25 0.000342522 117 0.001604014
26 0.000356225 118 0.001617734
27 0.000369929 119 0.001631455
28 0.000383633 120 0.001645176
29 0.000397336 121 0.001658897
30 0.000411041 122 0.001672619
31 0.000424745 123 0.001686340
32 0.000438449 124 0.001700062
33 0.000452154 125 0.001713784
34 0.000465859 126 0.001727506
35 0.000479564 127 0.001741228
36 0.000493269 128 0.001754951
37 0.000506974 129 0.001768673
38 0.000520680 130 0.001782396
39 0.000534386 131 0.001796119
40 0.000548092 132 0.001809843
41 0.000561798 133 0.001823566
42 0.000575504 134 0.001837290
43 0.000589211 135 0.001851013
44 0.000602917 136 0.001864737
45 0.000616624 137 0.001878462
46 0.000630331 138 0.001892186
47 0.000644039 139 0.001905910
48 0.000657746 140 0.001919635
49 0.000671454 141 0.001933360
50 0.000685161 142 0.001947085
51 0.000698869 143 0.001960811
52 0.000712578 144 0.001974536
53 0.000726286 145 0.001988262
54 0.000739995 146 0.002001988
55 0.000753703 147 0.002015714
56 0.000767412 148 0.002029440
57 0.000781121 149 0.002043166
58 0.000794831 150 0.002056893
59 0.000808540 151 0.002070620
60 0.000822250 152 0.002084347
61 0.000835960 153 0.002098074
62 0.000849670 154 0.002111801
63 0.000863380 155 0.002125529
64 0.000877091 156 0.002139257
65 0.000890801 157 0.002152985
66 0.000904512 158 0.002166713
67 0.000918223 159 0.002180441
68 0.000931934 160 0.002194169
69 0.000945646 161 0.002207898
70 0.000959357 162 0.002221627
71 0.000973069 163 0.002235356
72 0.000986781 164 0.002249085
73 0.001000493 165 0.002262815
74 0.001014206 166 0.002276544
75 0.001027918 167 0.002290274
76 0.001041631 168 0.002304004
77 0.001055344 169 0.002317734
78 0.001069057 170 0.002331465
79 0.001082770 171 0.002345195
80 0.001096484 172 0.002358926
81 0.001110197 173 0.002372657
82 0.001123911 174 0.002386388
83 0.001137625 175 0.002400120
84 0.001151339 176 0.002413851
85 0.001165054 177 0.002427583
86 0.001178768 178 0.002441315
87 0.001192483 179 0.002455047
88 0.001206198 180 0.002468779
89 0.001219913 181 0.002482511
90 0.001233629 182 0.002496244
91 0.001247344 183 0.002509977
92 0.001261060 184 0.002523710
_____________________________________________________________________
366 Day Year
0.5% Compound Rate 184 Days
_____________________________________________________________________
Days Factor Days Factor
_____________________________________________________________________
1 0.000013661 93 0.001271291
2 0.000027323 94 0.001284969
3 0.000040984 95 0.001298648
4 0.000054646 96 0.001312327
5 0.000068308 97 0.001326006
6 0.000081970 98 0.001339685
7 0.000095632 99 0.001353365
8 0.000109295 100 0.001367044
9 0.000122958 101 0.001380724
10 0.000136620 102 0.001394404
11 0.000150283 103 0.001408085
12 0.000163947 104 0.001421765
13 0.000177610 105 0.001435446
14 0.000191274 106 0.001449127
15 0.000204938 107 0.001462808
16 0.000218602 108 0.001476489
17 0.000232266 109 0.001490170
18 0.000245930 110 0.001503852
19 0.000259595 111 0.001517533
20 0.000273260 112 0.001531215
21 0.000286924 113 0.001544897
22 0.000300590 114 0.001558580
23 0.000314255 115 0.001572262
24 0.000327920 116 0.001585945
25 0.000341586 117 0.001599628
26 0.000355252 118 0.001613311
27 0.000368918 119 0.001626994
28 0.000382584 120 0.001640678
29 0.000396251 121 0.001654361
30 0.000409917 122 0.001668045
31 0.000423584 123 0.001681729
32 0.000437251 124 0.001695413
33 0.000450918 125 0.001709097
34 0.000464586 126 0.001722782
35 0.000478253 127 0.001736467
36 0.000491921 128 0.001750152
37 0.000505589 129 0.001763837
38 0.000519257 130 0.001777522
39 0.000532925 131 0.001791208
40 0.000546594 132 0.001804893
41 0.000560262 133 0.001818579
42 0.000573931 134 0.001832265
43 0.000587600 135 0.001845951
44 0.000601269 136 0.001859638
45 0.000614939 137 0.001873324
46 0.000628608 138 0.001887011
47 0.000642278 139 0.001900698
48 0.000655948 140 0.001914385
49 0.000669618 141 0.001928073
50 0.000683289 142 0.001941760
51 0.000696959 143 0.001955448
52 0.000710630 144 0.001969136
53 0.000724301 145 0.001982824
54 0.000737972 146 0.001996512
55 0.000751643 147 0.002010201
56 0.000765315 148 0.002023889
57 0.000778986 149 0.002037578
58 0.000792658 150 0.002051267
59 0.000806330 151 0.002064957
60 0.000820003 152 0.002078646
61 0.000833675 153 0.002092336
62 0.000847348 154 0.002106025
63 0.000861020 155 0.002119715
64 0.000874693 156 0.002133405
65 0.000888366 157 0.002147096
66 0.000902040 158 0.002160786
67 0.000915713 159 0.002174477
68 0.000929387 160 0.002188168
69 0.000943061 161 0.002201859
70 0.000956735 162 0.002215550
71 0.000970409 163 0.002229242
72 0.000984084 164 0.002242933
73 0.000997758 165 0.002256625
74 0.001011433 166 0.002270317
75 0.001025108 167 0.002284010
76 0.001038783 168 0.002297702
77 0.001052459 169 0.002311395
78 0.001066134 170 0.002325087
79 0.001079810 171 0.002338780
80 0.001093486 172 0.002352473
81 0.001107162 173 0.002366167
82 0.001120839 174 0.002379860
83 0.001134515 175 0.002393554
84 0.001148192 176 0.002407248
85 0.001161869 177 0.002420942
86 0.001175546 178 0.002434636
87 0.001189223 179 0.002448331
88 0.001202900 180 0.002462025
89 0.001216578 181 0.002475720
90 0.001230256 182 0.002489415
91 0.001243934 183 0.002503110
92 0.001257612 184 0.002516806
_____________________________________________________________________
TABLE OF INTEREST RATES
PERIODS BEFORE JUL. 1, 1975 - PERIODS ENDING DEC. 31, 1986
OVERPAYMENTS AND UNDERPAYMENTS
____________________________________________________________________
In 1995-1 C.B.
____________________
PERIOD RATE DAILY RATE TABLE
____________________________________________________________________
Before Jul. 1, 1975 6% Table 2, pg. 557
Jul. 1, 1975 - Jan. 31, 1976 9% Table 4, pg. 559
Feb. 1, 1976 - Jan. 31, 1978 7% Table 3, pg. 558
Feb. 1, 1978 - Jan. 31, 1980 6% Table 2, pg. 557
Feb. 1, 1980 - Jan. 31, 1982 12% Table 5, pg. 560
Feb. 1, 1982 - Dec. 31, 1982 20% Table 6, pg. 560
Jan. 1, 1983 - Jun. 30, 1983 16% Table 37, pg. 591
Jul. 1, 1983 - Dec. 31, 1983 11% Table 27, pg. 581
Jan. 1, 1984 - Jun. 30, 1984 11% Table 75, pg. 629
Jul. 1, 1984 - Dec. 31, 1984 11% Table 75, pg. 629
Jan. 1, 1985 - Jun. 30, 1985 13% Table 31, pg. 585
Jul. 1, 1985 - Dec. 31, 1985 11% Table 27, pg. 581
Jan. 1, 1986 - Jun. 30, 1986 10% Table 25, pg. 579
Jul. 1, 1986 - Dec. 31, 1986 9% Table 23, pg. 577
_____________________________________________________________________
TABLE OF INTEREST RATES
FROM JAN. 1, 1987 - Dec. 31, 1998
_____________________________________________________________________
OVERPAYMENTS UNDERPAYMENTS
______________________________________
1995-1 C.B. 1995-1 C.B.
______________________________________
RATE TABLE PG RATE TABLE PG
_____________________________________________________________________
Jan. 1, 1987 - Mar. 31, 1987 8% 21 575 9% 23 577
Apr. 1, 1987 - Jun. 30, 1987 8% 21 575 9% 23 577
Jul. 1, 1987 - Sep. 30, 1987 8% 21 575 9% 23 577
Oct. 1, 1987 - Dec. 31, 1987 9% 23 577 10% 25 579
Jan. 1, 1988 - Mar. 31, 1988 10% 73 627 11% 75 629
Apr. 1, 1988 - Jun. 30, 1988 9% 71 625 10% 73 627
Jul. 1, 1988 - Sep. 30, 1988 9% 71 625 10% 73 627
Oct. 1, 1988 - Dec. 31, 1988 10% 73 627 11% 75 629
Jan. 1, 1989 - Mar. 31, 1989 10% 25 579 11% 27 581
Apr. 1, 1989 - Jun. 30, 1989 11% 27 581 12% 29 583
Jul. 1, 1989 - Sep. 30, 1989 11% 27 581 12% 29 583
Oct. 1, 1989 - Dec. 31, 1989 10% 25 579 11% 27 581
Jan. 1, 1990 - Mar. 31, 1990 10% 25 579 11% 27 581
Apr. 1, 1990 - Jun. 30, 1990 10% 25 579 11% 27 581
Jul. 1, 1990 - Sep. 30, 1990 10% 25 579 11% 27 581
Oct. 1, 1990 - Dec. 31, 1990 10% 25 579 11% 27 581
Jan. 1, 1991 - Mar. 31, 1991 10% 25 579 11% 27 581
Apr. 1, 1991 - Jun. 30, 1991 9% 23 577 10% 25 579
Jul. 1, 1991 - Sep. 30, 1991 9% 23 577 10% 25 579
Oct. 1, 1991 - Dec. 31, 1991 9% 23 577 10% 25 579
Jan. 1, 1992 - Mar. 31, 1992 8% 69 623 9% 71 625
Apr. 1, 1992 - Jun. 30, 1992 7% 67 621 8% 69 623
Jul. 1, 1992 - Sep. 30, 1992 7% 67 621 8% 69 623
Oct. 1, 1992 - Dec. 31, 1992 6% 65 619 7% 67 621
Jan. 1, 1993 - Mar. 31, 1993 6% 17 571 7% 19 573
Apr. 1, 1993 - Jun. 30, 1993 6% 17 571 7% 19 573
Jul. 1, 1993 - Sep. 30, 1993 6% 17 571 7% 19 573
Oct. 1, 1993 - Dec. 31, 1993 6% 17 571 7% 19 573
Jan. 1, 1994 - Mar. 31, 1994 6% 17 571 7% 19 573
Apr. 1, 1994 - Jun. 30, 1994 6% 17 571 7% 19 573
Jul. 1, 1994 - Sep. 30, 1994 7% 19 573 8% 21 575
Oct. 1, 1994 - Dec. 31, 1994 8% 21 575 9% 23 577
Jan. 1, 1995 - Mar. 31, 1995 8% 21 575 9% 23 577
Apr. 1, 1995 - Jun. 30, 1995 9% 23 577 10% 25 579
Jul. 1, 1995 - Sep. 30, 1995 8% 21 575 9% 23 577
Oct. 1, 1995 - Dec. 31, 1995 8% 21 575 9% 23 577
Jan. 1, 1996 - Mar. 31, 1996 8% 69 623 9% 71 625
Apr. 1, 1996 - Jun. 30, 1996 7% 67 621 8% 69 623
Jul. 1, 1996 - Sep. 30, 1996 8% 69 623 9% 71 625
Oct. 1, 1996 - Dec. 31, 1996 8% 69 623 9% 71 625
Jan. 1, 1997 - Mar. 31, 1997 8% 21 575 9% 23 577
Apr. 1, 1997 - Jun. 30, 1997 8% 21 575 9% 23 577
Jul. 1, 1997 - Sep. 30, 1997 8% 21 575 9% 23 577
Oct. 1, 1997 - Dec. 31, 1997 8% 21 575 9% 23 577
Jan. 1, 1998 - Mar. 31, 1998 8% 21 575 9% 23 577
Apr. 1, 1998 - Jun. 30, 1998 7% 19 573 8% 21 575
Jul. 1, 1998 - Sep. 30, 1998 7% 19 573 8% 21 575
Oct. 1, 1998 - Dec. 31, 1998 7% 19 573 8% 21 575
_____________________________________________________________________
TABLE OF INTEREST RATES
FROM JANUARY 1, 1999 - PRESENT
NONCORPORATE OVERPAYMENTS AND UNDERPAYMENTS
_____________________________________________________________________
1995-1 C.B.
_____________________________
RATE TABLE PAGE
_____________________________________________________________________
Jan. 1, 1999 - Mar. 31, 1999 7% 19 573
Apr. 1, 1999 - Jun. 30, 1999 8% 21 575
Jul. 1, 1999 - Sep. 30, 1999 8% 21 575
Oct. 1, 1999 - Dec. 31, 1999 8% 21 575
Jan. 1, 2000 - Mar. 31, 2000 8% 69 623
Apr. 1, 2000 - Jun. 30, 2000 9% 71 625
Jul. 1, 2000 - Sep. 30, 2000 9% 71 625
Oct. 1, 2000 - Dec. 31, 2000 9% 71 625
Jan. 1, 2001 - Mar. 31, 2001 9% 23 577
Apr. 1, 2001 - Jun. 30, 2001 8% 21 575
Jul. 1, 2001 - Sep. 30, 2001 7% 19 573
Oct. 1, 2001 - Dec. 31, 2001 7% 19 573
Jan. 1, 2002 - Mar. 31, 2002 6% 17 571
Apr. 1, 2002 - Jun. 30, 2002 6% 17 571
Jul. 1, 2002 - Sep. 30, 2002 6% 17 571
Oct. 1, 2002 - Dec. 31, 2002 6% 17 571
Jan. 1, 2003 - Mar. 31, 2003 5% 15 569
Apr. 1, 2003 - Jun. 30, 2003 5% 15 569
Jul. 1, 2003 - Sep. 30, 2003 5% 15 569
Oct. 1, 2003 - Dec. 31, 2003 4% 13 567
Jan. 1, 2004 - Mar. 31, 2004 4% 61 615
Apr. 1, 2004 - Jun. 30, 2004 5% 63 617
Jul. 1, 2004 - Sep. 30, 2004 4% 61 615
Oct. 1, 2004 - Dec. 31, 2004 5% 63 617
Jan. 1, 2005 - Mar. 31, 2005 5% 15 569
Apr. 1, 2005 - Jun. 30, 2005 6% 17 571
Jul. 1, 2005 - Sep. 30, 2005 6% 17 571
Oct. 1, 2005 - Dec. 31, 2005 7% 19 573
Jan. 1, 2006 - Mar. 31, 2006 7% 19 573
Apr. 1, 2006 - Jun. 30, 2006 7% 19 573
Jul. 1, 2006 - Sep. 30, 2006 8% 21 575
Oct. 1, 2006 - Dec. 31, 2006 8% 21 575
Jan. 1, 2007 - Mar. 31, 2007 8% 21 575
Apr. 1, 2007 - Jun. 30, 2007 8% 21 575
Jul. 1, 2007 - Sep. 30, 2007 8% 21 575
Oct. 1, 2007 - Dec. 31, 2007 8% 21 575
Jan. 1, 2008 - Mar. 31, 2008 7% 67 621
Apr. 1, 2008 - Jun. 30, 2008 6% 65 619
Jul. 1, 2008 - Sep. 30, 2008 5% 63 617
Oct. 1, 2008 - Dec. 31, 2008 6% 65 619
Jan. 1, 2009 - Mar. 31, 2009 5% 15 569
Apr. 1, 2009 - Jun. 30, 2009 4% 13 567
Jul. 1, 2009 - Sep. 30, 2009 4% 13 567
Oct. 1, 2009 - Dec. 31, 2009 4% 13 567
Jan. 1, 2010 - Mar. 31, 2010 4% 13 567
Apr. 1, 2010 - Jun. 30, 2010 4% 13 567
Jul. 1, 2010 - Sep. 30, 2010 4% 13 567
Oct. 1, 2010 - Dec. 31, 2010 4% 13 567
Jan. 1, 2011 - Mar. 31, 2011 3% 11 565
Apr. 1, 2011 - Jun. 30, 2011 4% 13 567
Jul. 1, 2011 - Sep. 30, 2011 4% 13 567
Oct. 1, 2011 - Dec. 31, 2011 3% 11 565
Jan. 1, 2012 - Mar. 31, 2012 3% 59 613
Apr. 1, 2012 - Jun. 30, 2012 3% 59 613
Jul. 1, 2012 - Sep. 30, 2012 3% 59 613
_____________________________________________________________________
TABLE OF INTEREST RATES
FROM JANUARY 1, 1999 - PRESENT
CORPORATE OVERPAYMENTS AND UNDERPAYMENTS
_____________________________________________________________________
OVERPAYMENTS UNDERPAYMENTS
______________________________________
1995-1 C.B. 1995-1 C.B.
______________________________________
RATE TABLE PG RATE TABLE PG
_____________________________________________________________________
Jan. 1, 1999 - Mar. 31, 1999 6% 17 571 7% 19 573
Apr. 1, 1999 - Jun. 30, 1999 7% 19 573 8% 21 575
Jul. 1, 1999 - Sep. 30, 1999 7% 19 573 8% 21 575
Oct. 1, 1999 - Dec. 31, 1999 7% 19 573 8% 21 575
Jan. 1, 2000 - Mar. 31, 2000 7% 67 621 8% 69 623
Apr. 1, 2000 - Jun. 30, 2000 8% 69 623 9% 71 625
Jul. 1, 2000 - Sep. 30, 2000 8% 69 623 9% 71 625
Oct. 1, 2000 - Dec. 31, 2000 8% 69 623 9% 71 625
Jan. 1, 2001 - Mar. 31, 2001 8% 21 575 9% 23 577
Apr. 1, 2001 - Jun. 30, 2001 7% 19 573 8% 21 575
Jul. 1, 2001 - Sep. 30, 2001 6% 17 571 7% 19 573
Oct. 1, 2001 - Dec. 31, 2001 6% 17 571 7% 19 573
Jan. 1, 2002 - Mar. 31, 2002 5% 15 569 6% 17 571
Apr. 1, 2002 - Jun. 30, 2002 5% 15 569 6% 17 571
Jul. 1, 2002 - Sep. 30, 2002 5% 15 569 6% 17 571
Oct. 1, 2002 - Dec. 31, 2002 5% 15 569 6% 17 571
Jan. 1, 2003 - Mar. 31, 2003 4% 13 567 5% 15 569
Apr. 1, 2003 - Jun. 30, 2003 4% 13 567 5% 15 569
Jul. 1, 2003 - Sep. 30, 2003 4% 13 567 5% 15 569
Oct. 1, 2003 - Dec. 31, 2003 3% 11 565 4% 13 567
Jan. 1, 2004 - Mar. 31, 2004 3% 59 613 4% 61 615
Apr. 1, 2004 - Jun. 30, 2004 4% 61 615 5% 63 617
Jul. 1, 2004 - Sep. 30, 2004 3% 59 613 4% 61 615
Oct. 1, 2004 - Dec. 31, 2004 4% 61 615 5% 63 617
Jan. 1, 2005 - Mar. 31, 2005 4% 13 567 5% 15 569
Apr. 1, 2005 - Jun. 30, 2005 5% 15 569 6% 17 571
Jul. 1, 2005 - Sep. 30, 2005 5% 15 569 6% 17 571
Oct. 1, 2005 - Dec. 31, 2005 6% 17 571 7% 19 573
Jan. 1, 2006 - Mar. 31, 2006 6% 17 571 7% 19 573
Apr. 1, 2006 - Jun. 30, 2006 6% 17 571 7% 19 573
Jul. 1, 2006 - Sep. 30, 2006 7% 19 573 8% 21 575
Oct. 1, 2006 - Dec. 31, 2006 7% 19 573 8% 21 575
Jan. 1, 2007 - Mar. 31, 2007 7% 19 573 8% 21 575
Apr. 1, 2007 - Jun. 30, 2007 7% 19 573 8% 21 575
Jul. 1, 2007 - Sep. 30, 2007 7% 19 573 8% 21 575
Oct. 1, 2007 - Dec. 31, 2007 7% 19 573 8% 21 575
Jan. 1, 2008 - Mar. 31, 2008 6% 65 619 7% 67 621
Apr. 1, 2008 - Jun. 30, 2008 5% 63 617 6% 65 619
Jul. 1, 2008 - Sep. 30, 2008 4% 61 615 5% 63 617
Oct. 1, 2008 - Dec. 31, 2008 5% 63 617 6% 65 619
Jan. 1, 2009 - Mar. 31, 2009 4% 13 567 5% 15 569
Apr. 1, 2009 - Jun. 30, 2009 3% 11 565 4% 13 567
Jul. 1, 2009 - Sep. 30, 2009 3% 11 565 4% 13 567
Oct. 1, 2009 - Dec. 31, 2009 3% 11 565 4% 13 567
Jan. 1, 2010 - Mar. 31, 2010 3% 11 565 4% 13 567
Apr. 1, 2010 - Jun. 30, 2010 3% 11 565 4% 13 567
Jul. 1, 2010 - Sep. 30, 2010 3% 11 565 4% 13 567
Oct. 1, 2010 - Dec. 31, 2010 3% 11 565 4% 13 567
Jan. 1, 2011 - Mar. 31, 2011 2% 9 563 3% 11 565
Apr. 1, 2011 - Jun. 30, 2011 3% 11 565 4% 13 567
Jul. 1, 2011 - Sep. 30, 2011 3% 11 565 4% 13 567
Oct. 1, 2011 - Dec. 31, 2011 2% 9 563 3% 11 565
Jan. 1, 2012 - Mar. 31, 2012 2% 57 611 3% 59 613
Apr. 1, 2012 - Jun. 30, 2012 2% 57 611 3% 59 613
Jul. 1, 2012 - Sep. 30, 2012 2% 57 611 3% 59 613
_____________________________________________________________________
TABLE OF INTEREST RATES FOR
LARGE CORPORATE UNDERPAYMENTS
FROM JANUARY 1, 1991 - PRESENT
_____________________________________________________________________
1995-1 C.B.
______________________________
RATE TABLE PAGE
_____________________________________________________________________
Jan. 1, 1991 - Mar. 31, 1991 13% 31 585
Apr. 1, 1991 - Jun. 30, 1991 12% 29 583
Jul. 1, 1991 - Sep. 30, 1991 12% 29 583
Oct. 1, 1991 - Dec. 31, 1991 12% 29 583
Jan. 1, 1992 - Mar. 31, 1992 11% 75 629
Apr. 1, 1992 - Jun. 30, 1992 10% 73 627
Jul. 1, 1992 - Sep. 30, 1992 10% 73 627
Oct. 1, 1992 - Dec. 31, 1992 9% 71 625
Jan. 1, 1993 - Mar. 31, 1993 9% 23 577
Apr. 1, 1993 - Jun. 30, 1993 9% 23 577
Jul. 1, 1993 - Sep. 30, 1993 9% 23 577
Oct. 1, 1993 - Dec. 31, 1993 9% 23 577
Jan. 1, 1994 - Mar. 31, 1994 9% 23 577
Apr. 1, 1994 - Jun. 30, 1994 9% 23 577
Jul. 1, 1994 - Sep. 30, 1994 10% 25 579
Oct. 1, 1994 - Dec. 31, 1994 11% 27 581
Jan. 1, 1995 - Mar. 31, 1995 11% 27 581
Apr. 1, 1995 - Jun. 30, 1995 12% 29 583
Jul. 1, 1995 - Sep. 30, 1995 11% 27 581
Oct. 1, 1995 - Dec. 31, 1995 11% 27 581
Jan. 1, 1996 - Mar. 31, 1996 11% 75 629
Apr. 1, 1996 - Jun. 30, 1996 10% 73 627
Jul. 1, 1996 - Sep. 30, 1996 11% 75 629
Oct. 1, 1996 - Dec. 31, 1996 11% 75 629
Jan. 1, 1997 - Mar. 31, 1997 11% 27 581
Apr. 1, 1997 - Jun. 30, 1997 11% 27 581
Jul. 1, 1997 - Sep. 30, 1997 11% 27 581
Oct. 1, 1997 - Dec. 31, 1997 11% 27 581
Jan. 1, 1998 - Mar. 31, 1998 11% 27 581
Apr. 1, 1998 - Jun. 30, 1998 10% 25 579
Jul. 1, 1998 - Sep. 30, 1998 10% 25 579
Oct. 1, 1998 - Dec. 31, 1998 10% 25 579
Jan. 1, 1999 - Mar. 31, 1999 9% 23 577
Apr. 1, 1999 - Jun. 30, 1999 10% 25 579
Jul. 1, 1999 - Sep. 30, 1999 10% 25 579
Oct. 1, 1999 - Dec. 31, 1999 10% 25 579
Jan. 1, 2000 - Mar. 31, 2000 10% 73 627
Apr. 1, 2000 - Jun. 30, 2000 11% 75 629
Jul. 1, 2000 - Sep. 30, 2000 11% 75 629
Oct. 1, 2000 - Dec. 31, 2000 11% 75 629
Jan. 1, 2001 - Mar. 31, 2001 11% 27 581
Apr. 1, 2001 - Jun. 30, 2001 10% 25 579
Jul. 1, 2001 - Sep. 30, 2001 9% 23 577
Oct. 1, 2001 - Dec. 31, 2001 9% 23 577
Jan. 1, 2002 - Mar. 31, 2002 8% 21 575
Apr. 1, 2002 - Jun. 30, 2002 8% 21 575
Jul. 1, 2002 - Sep. 30, 2002 8% 21 575
Oct. 1, 2002 - Dec. 31, 2002 8% 21 575
Jan. 1, 2003 - Mar. 31, 2003 7% 19 573
Apr. 1, 2003 - Jun. 30, 2003 7% 19 573
Jul. 1, 2003 - Sep. 30, 2003 7% 19 573
Oct. 1, 2003 - Dec. 31, 2003 6% 17 571
Jan. 1, 2004 - Mar. 31, 2004 6% 65 619
Apr. 1, 2004 - Jun. 30, 2004 7% 67 621
Jul. 1, 2004 - Sep. 30, 2004 6% 65 619
Oct. 1, 2004 - Dec. 31, 2004 7% 67 621
Jan. 1, 2005 - Mar. 31, 2005 7% 19 573
Apr. 1, 2005 - Jun. 30, 2005 8% 21 575
Jul. 1, 2005 - Sep. 30, 2005 8% 21 575
Oct. 1, 2005 - Dec. 31, 2005 9% 23 577
Jan. 1, 2006 - Mar. 31, 2006 9% 23 577
Apr. 1, 2006 - Jun. 30, 2006 9% 23 577
Jul. 1, 2006 - Sep. 30, 2006 10% 25 579
Oct. 1, 2006 - Dec. 31, 2006 10% 25 579
Jan. 1, 2007 - Mar. 31, 2007 10% 25 579
Apr. 1, 2007 - Jun. 30, 2007 10% 25 579
Jul. 1, 2007 - Sep. 30, 2007 10% 25 579
Oct. 1, 2007 - Dec. 31, 2007 10% 25 579
Jan. 1, 2008 - Mar. 31, 2008 9% 71 625
Apr. 1, 2008 - Jun. 30, 2008 8% 69 623
Jul. 1, 2008 - Sep. 30, 2008 7% 67 621
Oct. 1, 2008 - Dec. 31, 2008 8% 69 623
Jan. 1, 2009 - Mar. 31, 2009 7% 19 573
Apr. 1, 2009 - Jun. 30, 2009 6% 17 571
Jul. 1, 2009 - Sep. 30, 2009 6% 17 571
Oct. 1, 2009 - Dec. 31, 2009 6% 17 571
Jan. 1, 2010 - Mar. 31, 2010 6% 17 571
Apr. 1, 2010 - Jun. 30, 2010 6% 17 571
Jul. 1, 2010 - Sep. 30, 2010 6% 17 571
Oct. 1, 2010 - Dec. 31, 2010 6% 17 571
Jan. 1, 2011 - Mar. 31, 2011 5% 15 569
Apr. 1, 2011 - Jun. 30, 2011 6% 17 571
Jul. 1, 2011 - Sep. 30, 2011 6% 17 571
Oct. 1, 2011 - Dec. 31, 2011 5% 15 569
Jan. 1, 2012 - Mar. 31, 2012 5% 63 617
Apr. 1, 2012 - Jun. 30, 2012 5% 63 617
Jul. 1, 2012 - Sep. 30, 2012 5% 63 617
_____________________________________________________________________
TABLE OF INTEREST RATES FOR CORPORATE
OVERPAYMENTS EXCEEDING $10,000
FROM JANUARY 1, 1995 - PRESENT
_____________________________________________________________________
1995-1 C.B.
______________________________
RATE TABLE PAGE
_____________________________________________________________________
Jan. 1, 1995 - Mar. 31, 1995 6.5% 18 572
Apr. 1, 1995 - Jun. 30, 1995 7.5% 20 574
Jul. 1, 1995 - Sep. 30, 1995 6.5% 18 572
Oct. 1, 1995 - Dec. 31, 1995 6.5% 18 572
Jan. 1, 1996 - Mar. 31, 1996 6.5% 66 620
Apr. 1, 1996 - Jun. 30, 1996 5.5% 64 618
Jul. 1, 1996 - Sep. 30, 1996 6.5% 66 620
Oct. 1, 1996 - Dec. 31, 1996 6.5% 66 620
Jan. 1, 1997 - Mar. 31, 1997 6.5% 18 572
Apr. 1, 1997 - Jun. 30, 1997 6.5% 18 572
Jul. 1, 1997 - Sep. 30, 1997 6.5% 18 572
Oct. 1, 1997 - Dec. 31, 1997 6.5% 18 572
Jan. 1, 1998 - Mar. 31, 1998 6.5% 18 572
Apr. 1, 1998 - Jun. 30, 1998 5.5% 16 570
Jul. 1. 1998 - Sep. 30, 1998 5.5% 16 570
Oct. 1, 1998 - Dec. 31, 1998 5.5% 16 570
Jan. 1, 1999 - Mar. 31, 1999 4.5% 14 568
Apr. 1, 1999 - Jun. 30, 1999 5.5% 16 570
Jul. 1, 1999 - Sep. 30, 1999 5.5% 16 570
Oct. 1, 1999 - Dec. 31, 1999 5.5% 16 570
Jan. 1, 2000 - Mar. 31, 2000 5.5% 64 618
Apr. 1, 2000 - Jun. 30, 2000 6.5% 66 620
Jul. 1, 2000 - Sep. 30, 2000 6.5% 66 620
Oct. 1, 2000 - Dec. 31, 2000 6.5% 66 620
Jan. 1, 2001 - Mar. 31, 2001 6.5% 18 572
Apr. 1, 2001 - Jun. 30, 2001 5.5% 16 570
Jul. 1, 2001 - Sep. 30, 2001 4.5% 14 568
Oct. 1, 2001 - Dec. 31, 2001 4.5% 14 568
Jan. 1, 2002 - Mar. 31, 2002 3.5% 12 566
Apr. 1, 2002 - Jun. 30, 2002 3.5% 12 566
Jul. 1, 2002 - Sep. 30, 2002 3.5% 12 566
Oct. 1, 2002 - Dec. 31, 2002 3.5% 12 566
Jan. 1, 2003 - Mar. 31, 2003 2.5% 10 564
Apr. 1, 2003 - Jun. 30, 2003 2.5% 10 564
Jul. 1, 2003 - Sep. 30, 2003 2.5% 10 564
Oct. 1, 2003 - Dec. 31, 2003 1.5% 8 562
Jan. 1, 2004 - Mar. 31, 2004 1.5% 56 610
Apr. 1, 2004 - Jun. 30, 2004 2.5% 58 612
Jul. 1, 2004 - Sep. 30, 2004 1.5% 56 610
Oct. 1, 2004 - Dec. 31, 2004 2.5% 58 612
Jan. 1, 2005 - Mar. 31, 2005 2.5% 10 564
Apr. 1, 2005 - Jun. 30, 2005 3.5% 12 566
Jul. 1, 2005 - Sep. 30, 2005 3.5% 12 566
Oct. 1, 2005 - Dec. 31, 2005 4.5% 14 568
Jan. 1, 2006 - Mar. 31, 2006 4.5% 14 568
Apr. 1, 2006 - Jun. 30, 2006 4.5% 14 568
Jul. 1, 2006 - Sep. 30, 2006 5.5% 16 570
Oct. 1, 2006 - Dec. 31, 2006 5.5% 16 570
Jan. 1, 2007 - Mar. 31, 2007 5.5% 16 570
Apr. 1, 2007 - Jun. 30, 2007 5.5% 16 570
Jul. 1, 2007 - Sep. 30, 2007 5.5% 16 570
Oct. 1, 2007 - Dec. 31, 2007 5.5% 16 570
Jan. 1, 2008 - Mar. 31, 2008 4.5% 62 616
Apr. 1, 2008 - Jun. 30, 2008 3.5% 60 614
Jul. 1, 2008 - Sep. 30, 2008 2.5% 58 612
Oct. 1, 2008 - Dec. 31, 2008 3.5% 60 614
Jan. 1, 2009 - Mar. 31, 2009 2.5% 10 564
Apr. 1, 2009 - Jun. 30, 2009 1.5% 8 562
Jul. 1, 2009 - Sep. 30, 2009 1.5% 8 562
Oct. 1, 2009 - Dec. 31, 2009 1.5% 8 562
Jan. 1, 2010 - Mar. 31, 2010 1.5% 8 562
Apr. 1, 2010 - Jun. 30, 2010 1.5% 8 562
Jul. 1, 2010 - Sep. 30, 2010 1.5% 8 562
Oct. 1, 2010 - Dec. 31, 2010 1.5% 8 562
Jan. 1, 2011 - Mar. 31, 2011 0.5%*
Apr. 1, 2011 - Jun. 30, 2011 1.5% 8 562
Jul. 1, 2011 - Sep. 30, 2011 1.5% 8 562
Oct. 1, 2011 - Dec. 31, 2011 0.5%*
Jan. 1, 2012 - Mar. 31, 2012 0.5%*
Apr. 1, 2012 - Jun. 30, 2012 0.5%*
Jul. 1, 2012 - Sep. 30, 2012 0.5%*
DOCUMENT ATTRIBUTES
- Institutional AuthorsInternal Revenue Service
- Cross-ReferenceFor a related IRS news release, see Doc 2012-11013.
- Code Sections
- Subject Area/Tax Topics
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2012-11012
- Tax Analysts Electronic Citation2012 TNT 100-9
