Motor Fuels Interest Rate

On or before June 1 and December 1 of each year, the Secretary of Revenue establishes the interest rate to be in effect during the six-month period beginning on the next succeeding July 1 and January 1, respectively. The rate applies to refunds and assessments. G.S. 105-241.21

Disclaimer: The interest rates shown here do not apply to IFTA. See IFTA Annual Interest Rates.


7% Interest Rate 

for January 1, 2025 through June 30, 2025     
 

Interest rates for periods before January 1, 2025 are as follows:

Rate
Period
8%January 1, 2024 through December 31, 2024
7%July 1, 2023 through December 31, 2023
7%January 1, 2023 through June 30, 2023
5%
July 1, 2019 through December 31, 2022
6%
January 1, 2019 through June 30, 2019
5%
July 1, 2008 through December 31, 2018
7%
January 1, 2008 through June 30, 2008
8%
January 1, 2007 through December 31, 2007
7%
January 1, 2006 through December 31, 2006
5%
July 1, 2003 through December 31, 2005
6%
January 1, 2002 through June 30, 2003
8%
January 1, 1999 through December 31, 2001
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