From Guidewire <[email protected]>
Subject RR-2024-11: Interest rates
Date May 9, 2024 7:39 PM
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*Issue Number:*    RR-2024-11

*Inside This Issue*
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Revenue Ruling 2024-11 [ [link removed] ] provides the rates for interest determined under Section 6621 of the code for the calendar quarter beginning July 1, 2024, will be 8 percent for overpayments (7 percent in the case of a corporation), 8 percent for underpayments, and 10 percent for large corporate underpayments. The rate of interest paid on the portion of a corporate overpayment exceeding $10,000 will be 5.5 percent.

Revenue Ruling 2024-11 will be in IRB 2024-24, dated June 10, 2024.

 

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