Rhode Island recently published the revised interest rates for delinquencies and overpayments for the year of 2018. These interest rates apply to delinquent tax payments, and tax overpayments made during the 2018 calendar year.
For 2018, the delinquent tax payment rate will remain at 18% per annum, as it was in 2017.
The interest rate for tax overpayments will increase in 2018, to 4.25% (previously at 3.50% in 2017).
To review these interest rates along with prior year rates, please click here.