Oregon's Department of Revenue recently published Bulletin 2017-1, "Annual Business Rate Update." The new bulletin addresses interest rates for 2018. There are no changes in the interest rate. The Tier One annual interest rate remains at 5%, the monthly at 0.4167%, and the daily at 0.0137%. Likewise, the Tier Two annual interest remains at 9%, the monthly at 0.75%, and the daily at 0.0247%. The interest rates come into effect January 1, 2018.
To read the Bulletin, please follow the link.
