{"id":2093,"date":"2017-09-08T11:03:21","date_gmt":"2017-09-08T16:03:21","guid":{"rendered":"http:\/\/cookco.us\/news\/?p=2093"},"modified":"2018-01-27T12:54:30","modified_gmt":"2018-01-27T18:54:30","slug":"interest-rates-remain-the-same-for-the-fourth-quarter-of-2017","status":"publish","type":"post","link":"https:\/\/cookco.us\/news\/interest-rates-remain-the-same-for-the-fourth-quarter-of-2017\/","title":{"rendered":"Interest Rates Remain the Same for the Fourth Quarter of 2017"},"content":{"rendered":"<h2>The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning October 1, 2017.<\/h2>\n<h3>The rates will be:<\/h3>\n<ul>\n<li>four (4) percent for overpayments [three (3) percent in the case of a corporation];<\/li>\n<li>1 and one-half (1.5) percent for the portion of a corporate overpayment exceeding $10,000;<\/li>\n<li>four (4) percent for underpayments; and<\/li>\n<li>six (6) percent for large corporate underpayments.<\/li>\n<\/ul>\n<p>Under the Internal Revenue Code, the rate of interest is determined on a quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.<\/p>\n<p>Generally, in the case of a corporation, the underpayment rate is the federal short-term rate plus 3 percentage points and the overpayment rate is the federal short-term rate plus 2 percentage points. The rate for large corporate underpayments is the federal short-term rate plus 5 percentage points. The rate on the portion of a corporate overpayment of tax exceeding $10,000 for a taxable period is the federal short-term rate plus one-half (0.5) of a percentage point.<\/p>\n<p>The interest rates announced today are computed from the federal short-term rate determined during July 2017 to take effect August 1, 2017, based on daily compounding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service announced that interest rates will remain the same for the calendar quarter beginning October 1, 2017. The rates will be: four (4) percent for overpayments [three (3) percent in the case of a corporation]; 1 and one-half (1.5) percent for the portion of a corporate overpayment exceeding $10,000; four (4) percent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2017-09-08T16:04:24Z","apple_news_api_id":"ccfae9b9-4b49-4143-8715-70320a3c390e","apple_news_api_modified_at":"2017-09-08T16:04:25Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/AzPrpuUtJQUOHFXAyCjw5Dg","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"middle","apple_news_slug":"","apple_news_sections":["https:\/\/news-api.apple.com\/sections\/74d71b26-dfe2-3cf6-9b79-55911f8259f1"],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[84],"tags":[],"class_list":["post-2093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/2093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/comments?post=2093"}],"version-history":[{"count":0,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/posts\/2093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media\/2095"}],"wp:attachment":[{"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/media?parent=2093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/categories?post=2093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cookco.us\/news\/wp-json\/wp\/v2\/tags?post=2093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}