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Business Taxes

Interest Rates

Blue Bullet Point GraphicInterest Rates on Late Filing and Late Payments
Blue Bullet Point GraphicNotice of Interest Rates
Blue Bullet Point GraphicArchived Notice of Interest Rates

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Interest Rates on Late Filing and Late Payments

Electronic Services Graphic Business Tax Interest Rate Calculator

Interest Rates
Below are interest rates for New York City Income and Excise Taxes. These rates are compounded daily and apply to taxpayer underpayments of most city income and excise taxes (Property taxes are different). Property Tax Rates

These rates also apply to late payments of estimated business income taxes, including General Corporation Tax (GCT), Unincorporated Business Tax (UBT) and Banking Corporation Tax (Bank Tax). 

October 1, 2011throughSeptember 30, 20127½%
April 1, 2011throughSeptember 30, 20118%
January 1, 2011throughMarch 31, 20117½%
July 11, 2009throughDecember 31, 20108%
April 1, 2009throughJuly 10, 20096%
January 1, 2009throughJanuary 1, 20097%
October 1, 2008throughDecember 31, 20088%
July 1, 2008throughSeptember 30, 20087%
April 1, 2008throughJune 30, 20088%
January 1, 2008throughMarch 31, 20089%
July 1, 2006throughDecember 31, 200710%
October 1, 2005throughJune 30, 20069%
April 1, 2005throughSeptember 30, 20058%
October 1, 2004throughMarch 31, 20057%
July 1, 2004throughSeptember 30, 20046%
April 1, 2004throughJune 30, 20047%
October 1, 2003throughMarch 31, 20046%
July 1, 2003throughSeptember 30, 20037%
January 1, 2002throughJune 30, 20036%
July 1, 2001throughDecember 31, 20017%
April 1, 2001throughJune 30, 20018%
April 1, 2000throughMarch 31, 20019%
April 1, 1999throughMarch 31, 20008%
January 1, 1999throughMarch 31, 19997%
April 1, 1998throughDecember 31, 19988%


Notice of Interest Rates

2012

Notice of Interest Rates on New York City Income and Excise Taxes and Annual Vault Charge (for the period July 1, 2012 through September 30, 2012)
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 Download Notice 

Notice of Interest Rates on New York City Income and Excise Taxes and Annual Vault Charge (for the period April 1, 2012 through June 30, 2012)
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 Download Notice 

Notice of Interest Rates on New York City Income and Excise Taxes and Annual Vault Charge (for the period January 1, 2012 through March 31, 2012)
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 Download Notice 


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Related Information:
Blue Bullet Point Graphic Archived Notice of Interest Rates
Blue Bullet Point Graphic Business Tax Forms 
Blue Bullet Point Graphic Tax Types & Descriptions


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