Virginia Publishes Tax Bulletin Detailing Q4 Interest Rates

The Virginia Department of Taxation recently published Tax Bulletin 18-5, which details the interest rate for certain tax types. This includes the underpayment and overpayment rates for unpaid taxes or refunds, respectively.

The rate for the fourth quarter of 2018 remains unchanged at 7% for both underpayments and overpayments.

To review this Tax Bulletin in full, please visit the Virginia Department of Taxation by clicking here.

Author

Paul Ogawa

Paul Ogawa is a Junior Regulatory Counsel at Sovos Compliance. As part of the Regulatory Analysis team, his main areas of focus are state and federal tax withholding, the Affordable Care Act (ACA), and Canadian tax information reporting. Prior to Sovos, Paul worked as a litigation attorney in Boston area law firms, representing clients in insurance subrogation claims, family law matters, and employment disputes. Paul is a member of the Massachusetts Bar, earned his B.A. from Brandeis University and his J.D. from the Suffolk University Law School.
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