NE Dept of Revenue Lowering State Rate on Delinquent Taxes
The Nebraska Department of Revenue is lowering the interest rate that the state charges for delinquent taxes, starting next year. According to the department's website, the state will charge 3% interest per year on unpaid taxes and special assessments owed to the state after Jan. 1. The current rate is 5% and has been since January of 2009. The rate is based on the federal government's average short-term borrowing rate.