Interest rates: 10/1/2026–12/31/2026
| Commonly viewed tax types | Refunds | Late payments and assessments |
|---|---|---|
| Income * | 6% | 9.5% |
| Sales and use | 6% | 14.5% |
| Withholding | 6% | 11% |
| Corporation * | 6% | 11% |
| Other tax types | Refunds | Late payments and assessments |
|---|---|---|
| Adult-Use Cannabis Products ** | 6% | 14.5% |
| Alcoholic Beverage | 6% | 11% |
| Authorized Combative Sports | 6% | 11% |
| Beverage Container Deposits | 6% | 11% |
| Cigarette | NA | 11% |
| Congestion Surcharge | 6% | 11% |
| Diesel Motor Fuel | 6% | 11% |
| Estate | 6% | 9.5% |
| Fuel Use Tax | *** | *** |
| Generation-Skipping Transfer | 6% | 9.5% |
| Hazardous Waste | 6% | 15% |
| Highway Use | 6% | 11% |
| Medical Cannabis | 6% | 11% |
| Metropolitan Commuter Transportation Mobility Tax | 6% | 9.5% |
| Mortgage Recording | 6% | 11% |
| Motor Fuel | 6% | 11% |
| New York City Taxicab and Hail Vehicle Trip Tax | 6% | 11% |
| Opioid Excise Tax | 6% | 11% |
| Paper Carryout Bag Reduction Fee | 6% | 14.5% |
| Petroleum Business | 6% | 11% |
| Real Estate Transfer | 6% | 11% |
| Tobacco Products | NA | 11% |
| Transportation Network Company Assessment | 6% | 11% |
| Waste Tire Management and Recycling Fee**** | 6% | 14.5% |
| Wireless Communications Surcharge | 6% | 14.5% |
* There are a number of state and local governmental bodies that have interest rates tied to the overpayment and underpayment rates contained in either section 697(j) (Income Tax) or section 1096(e) (Corporation Tax) of the Tax Law. For purposes of section 697(j) and section 1096(e) of the Tax Law, the overpayment rate for this period is 6%. For purposes of section 697(j) of the Tax Law, the underpayment rate for this period is 9.5%. For purposes of section 1096(e) of the Tax Law, the underpayment rate for this period is 11%.
** Under section 496-b(a) of the Tax Law, the rates of interest for overpayment and underpayment of tax relating to Adult-Use Cannabis Products are set pursuant to Tax Law Article 28, effective December 1, 2024.
*** Under section 527(f) of the Tax Law, the interest rates relating to the Fuel Use tax are set pursuant to the International Fuel Tax Agreement (IFTA). For more information regarding IFTA interest rates, see www.iftach.org.
**** Under Environmental Conservation Law sections 27-1913(3)-(5), the rates of interest for overpayment and underpayment of tax relating to the waste tire management and recycling fee are set pursuant to Tax Law Article 28, effective March 1, 2023.