North Carolina DOR Announces First Half 2025 Interest Rate for Income, Sales, Excise Tax Refunds, Assessments

The North Carolina Department of Revenue (DOR) announced the interest rate for refunds and assessments, for the first half of 2025, for corporate income, individual income, sales and use, and excise taxes. The rate is 7 percent, effective from Jan. 1, 2025, through June 30, 2025. The rate does not apply to the International Fuel Tax Agreement. [N.C. Dep’t of Revenue, Interest Rate, 12/01/24]