What is the annual interest rate?

Per Am.Sub. HB 5 passed on December 19, 2014 by the Ohio General Assembly, and in accordance with Ohio Revised Code Section 718, we will be publishing our Interest Rates here. Interest Rates for 2016 and forward are based on the Federal Short Term Rate published in July, rounded to the nearest whole number plus 5%. 

Interest Rate for 2023 is 7% (0.58% per month)

Interest Rate for 2022 is 5% (0.41% per month)

Interest Rate for 2021 is 5% (0.41% per month)

Interest Rate for 2020 is 7% (0.58% per month)

Interest Rate for 2019 is 7% (0.58% per month)

Interest Rate for 2018 is 6% (0.50% per month) 

Interest Rate for 2017 is 6% (0.50% per month) 

Interest Rate for 2016 is 5% (0.42% per month)

Interest rate for tax years 2015 and prior is 1.5% per month.

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1. What Income is Taxable and Non-Taxable?
2. How does my business apply for a withholding account number?
3. What is the annual interest rate?
4. Am I required to file a tax form?
5. Where can I get forms and instructions?
6. When and where do I file my tax form?
7. When are estimated tax payments due?
8. Does the City of Englewood offer payment plans for taxes due?
9. What is Englewood's income tax rate?
10. What if I am a minor child?