IRS to Drop Interest Rates
The rate for overpayments for corporations will drop to six percent on July 1. The rate for corporations with large underpayments which exceed $100,000 will be nine percent.
The overpayment rate for the portion of a corporate overpayment exceeding $10,000 will be four and one-half percent.
The information is published in the IRS News Release IR-2001-58  which includes tables of interest rates dating back to 1975.