Vermont recently published their applicable interest rates for calendar year 2020. These rates will be effective beginning January 1, 2020 and apply to the underpayment and overpayment of tax liabilities during the 2020 calendar year.
The overpayment annual rate for 2020 will be 5.5%, while the underpayment annual rate will be 7.5%.
To review these rates along with the 2020 Interest Rate Memo published by the acting Commissioner of Taxes, please click here.
