Massachusetts Updates Interest Rate on Overpayments and Underpayments for 2018

Nicolette Chasse
January 26, 2018

The Massachusetts Department of Revenue recently published Technical Information Release (TIR) 18-001, which discusses the interest rate on overpayments and underpayments.  The interest rates in the first quarter of 2018 remains at 3% for overpayments, while the interest rate for underpayments remains at 5%.  To view TIR 18-001 in full, please follow the link.

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Nicolette Chasse

Nicolette Chasse is a Junior Regulatory Counsel at Sovos Compliance. Her main areas of focus are Automatic Exchange of Information (AEOI) reporting under FATCA and CRS and 1099 Federal Withholding Reporting. Nicolette received her B.A. at Trinity College and her J.D. at Penn State’s Dickinson School of Law. She is a member of the Massachusetts Bar.
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