Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds of Customs Duties, 77879-77881 [2024-21785]

Download as PDF 77879 Federal Register / Vol. 89, No. 185 / Tuesday, September 24, 2024 / Notices SAMHSA and its Centers will use the data collected for annual reporting required by GPRMA, to describe clients and individuals served and to summarize outputs and outcomes of grant program activities. SAMHSA and its Centers will use the data for annual reporting. SAMHSA’s report for each fiscal year will include actual results of performance monitoring for the three preceding fiscal years. Information collected through this request will allow SAMHSA to report on the results of these performance outcomes as well as be consistent with SAMHSA-specific performance domains, and to assess the accountability and performance of its discretionary grant programs. The information collected through this request will allow SAMHSA to improve its ability to assess the impact of its programs on key outcomes of interest and to gather vital descriptive characteristics about clients served by discretionary grant programs. Currently, there are 76,209 total burden hours in the two data collections. SAMHSA is requesting an increase to 139,178 hours to account for additional grantees having reporting requirements and to account more fully for the time needed to report quarterly on the IPP indicators. The proposed estimate of time to collect data and complete the instruments is shown in table 1. TABLE1—ESTIMATES OF ANNUALIZED HOUR BURDEN Number of respondents SAMHSA tool Total responses Hours per response Total hour burden Client-level baseline assessment—interview ........................................... Client-level baseline assessment—administrative ................................... Client-level 3- or 6-month reassessment—interview ............................... Client-level 3- or 6-month reassessment—administrative ....................... Client-level discharge assessment—interview ........................................ Client-level discharge assessment—administrative ................................ Section H Program Specific Data: baseline, 3- or 6-month reassessment, and/or clinical discharge ............................................................ Subtotal ............................................................................................. 75,600 84,000 53,760 67,200 12,500 25,000 1 1 1 1 1 1 75,600 84,000 53,760 67,200 12,500 25,000 0.3 0.1 0.3 0.1 0.3 0.1 22,680 8,400 16,128 6,720 3,750 2,500 75,000 393,060 2 .................... 150,000 468,060 0.1 .................... 15,000 75,178 Infrastructure development, prevention, and mental health promotion quarterly record abstraction ................................................................. 2,000 4 8,000 8 64,000 Subtotal ............................................................................................. 2,000 .................... 8,000 .................... 64,000 Total ........................................................................................... 395,060 .................... 476,060 .................... 139,178 Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. Krishna Palipudi, Social Science Analyst. [FR Doc. 2024–21790 Filed 9–23–24; 8:45 am] BILLING CODE 4162–20–P DEPARTMENT OF HOMELAND SECURITY Bruce Ingalls, Revenue Division, Collection Refunds & Analysis Branch, 6650 Telecom Drive, Suite #100, Indianapolis, Indiana 46278; telephone (317) 298–1107. SUPPLEMENTARY INFORMATION: Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds of Customs Duties U.S. Customs and Border Protection, Department of Homeland Security. ACTION: General notice. AGENCY: Background This notice advises the public that the quarterly Internal Revenue SUMMARY: VerDate Sep<11>2014 18:07 Sep 23, 2024 Jkt 262001 Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will remain the same as the previous quarter. For the calendar quarter beginning October 1, 2024, the interest rates for underpayments will be 8 percent for both corporations and non-corporations. The interest rate for overpayments will be 8 percent for non-corporations and 7 percent for corporations. This notice is published for the convenience of the importing public and U.S. Customs and Border Protection personnel. DATES: The rates announced in this notice are applicable as of October 1, 2024. FOR FURTHER INFORMATION CONTACT: U.S. Customs and Border Protection lotter on DSK11XQN23PROD with NOTICES1 Responses per respondent Pursuant to 19 U.S.C. 1505 and Treasury Decision 85–93, published in the Federal Register on May 29, 1985 (50 FR 21832), the interest rate paid on applicable overpayments or PO 00000 Frm 00069 Fmt 4703 Sfmt 4703 underpayments of customs duties must be in accordance with the Internal Revenue Code rate established under 26 U.S.C. 6621 and 6622. Section 6621 provides different interest rates applicable to overpayments: one for corporations and one for noncorporations. The interest rates are based on the Federal short-term rate and determined by the Internal Revenue Service (IRS) on behalf of the Secretary of the Treasury on a quarterly basis. The rates effective for a quarter are determined during the first-month period of the previous quarter. In Revenue Ruling 2024–18, the IRS determined the rates of interest for the calendar quarter beginning October 1, 2024, and ending on December 31, 2024. The interest rate paid to the Treasury for underpayments will be the Federal short-term rate (5%) plus three percentage points (3%) for a total of eight percent (8%) for both corporations and non-corporations. For overpayments made by noncorporations, the rate is the Federal short-term rate (5%) plus three percentage points (3%) for a total of eight percent (8%). For corporate overpayments, the rate is the Federal short-term rate (5%) plus two E:\FR\FM\24SEN1.SGM 24SEN1 77880 Federal Register / Vol. 89, No. 185 / Tuesday, September 24, 2024 / Notices percentage points (2%) for a total of seven percent (7%). These interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties remain the same as the previous quarter. These interest rates are subject to change for the calendar quarter beginning January 1, 2025, and ending on March 31, 2025. For the convenience of the importing public and U.S. Customs and Border lotter on DSK11XQN23PROD with NOTICES1 Beginning date 070174 070175 020176 020178 020180 020182 010183 070183 010185 070185 010186 070186 010187 100187 010188 040188 100188 040189 100189 040191 010192 040192 100192 070194 100194 040195 070195 040196 070196 040198 010199 040199 040100 040101 070101 010102 010103 100103 040104 070104 100104 040105 100105 070106 010108 040108 070108 100108 010109 040109 010111 040111 100111 040116 040118 010119 070119 070120 040122 070122 100122 010123 100123 Ending date ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... 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..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... VerDate Sep<11>2014 18:07 Sep 23, 2024 Jkt 262001 PO 00000 Frm 00070 063075 013176 013178 013180 013182 123182 063083 123184 063085 123185 063086 123186 093087 123187 033188 093088 033189 093089 033191 123191 033192 093092 063094 093094 033195 063095 033196 063096 033198 123198 033199 033100 033101 063001 123101 123102 093003 033104 063004 093004 033105 093005 063006 123107 033108 063008 093008 123108 033109 123110 033111 093011 033116 033118 123118 063019 063020 033122 063022 093022 123122 093023 123124 Fmt 4703 Sfmt 4703 Protection personnel, the following list of IRS interest rates used, covering the period from July of 1974 to date, to calculate interest on overdue accounts and refunds of customs duties, is published in summary format. Under-payments (percent) Over-payments (percent) 6 9 7 6 12 20 16 11 13 11 10 9 9 10 11 10 11 12 11 10 9 8 7 8 9 10 9 8 9 8 7 8 9 8 7 6 5 4 5 4 5 6 7 8 7 6 5 6 5 4 3 4 3 4 5 6 5 3 4 5 6 7 8 E:\FR\FM\24SEN1.SGM 6 9 7 6 12 20 16 11 13 11 10 9 8 9 10 9 10 11 10 9 8 7 6 7 8 9 8 7 8 7 7 8 9 8 7 6 5 4 5 4 5 6 7 8 7 6 5 6 5 4 3 4 3 4 5 6 5 3 4 5 6 7 8 24SEN1 Corporate overpayments (eff. 1–1–99) (percent) .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. 6 7 8 7 6 5 4 3 4 3 4 5 6 7 6 5 4 5 4 3 2 3 2 3 4 5 4 2 3 4 5 6 7 Federal Register / Vol. 89, No. 185 / Tuesday, September 24, 2024 / Notices Crinley S. Hoover, Acting Chief Financial Officer, U.S. Customs and Border Protection. [FR Doc. 2024–21785 Filed 9–23–24; 8:45 am] BILLING CODE 9111–14–P DEPARTMENT OF HOMELAND SECURITY U.S. Customs and Border Protection Notice of Revocation of Customs Brokers’ National Permits U.S. Customs and Border Protection, Department of Homeland Security. lotter on DSK11XQN23PROD with NOTICES1 AGENCY: Revocation of customs brokers’ national permits. ACTION: This document provides notice of the revocation by operation of law of customs brokers’ national permits for calendar years 2023 and 2024. FOR FURTHER INFORMATION CONTACT: Mohammad O. Qureshi, Chief, Broker Management Branch, Office of Trade, (202) 909–3753, or mohammad.o.qureshi@cbp.dhs.gov. SUPPLEMENTARY INFORMATION: This document provides notice that, pursuant to section 641 of the Tariff Act of 1930, as amended (19 U.S.C. 1641), and sections 111.45(b) and 111.96(c) of SUMMARY: title 19 of the Code of Federal Regulations (19 CFR 111.45(b) and 19 CFR 111.96(c)), the following customs brokers’ national permits were revoked by operation of law, without prejudice, for failure to pay the annual permit user fee for calendar year 2023 by February 24, 2023, or calendar year 2024 by February 9, 2024.1 Pursuant to 19 CFR 111.45(c), a list of revoked customs brokers’ national permits appears below. Last name/company name First name Acosta ........................................................................................................................... Ampac Customs Service Inc ........................................................................................ Bansard Anker International LLC ................................................................................. BRi Boise Inc ................................................................................................................ Bruno ............................................................................................................................ Bustard ......................................................................................................................... Casso ........................................................................................................................... Chariez ......................................................................................................................... Christiansen .................................................................................................................. Daniel D. Casale Customs Broker Inc ......................................................................... Diaz .............................................................................................................................. Dubon ........................................................................................................................... Duncan ......................................................................................................................... eDrawback LLC ............................................................................................................ F.C. Felhaber & Co., Inc .............................................................................................. Gateway CHB, Ltd ....................................................................................................... GEFCO Forwarding USA, Inc ...................................................................................... Golovets ....................................................................................................................... Hart Worldwide Logistics Inc ........................................................................................ Heimark ........................................................................................................................ Hellstrom ...................................................................................................................... Hossain ......................................................................................................................... Indigo Trade Solutions LLC ......................................................................................... Jarrett ........................................................................................................................... Kim ............................................................................................................................... Krief .............................................................................................................................. Labay/Summers International, Inc ............................................................................... Liao ............................................................................................................................... Logicargo Trade Group LLC ........................................................................................ Lu .................................................................................................................................. Michaud ........................................................................................................................ Moyer ............................................................................................................................ Nistal Intl Inc ................................................................................................................. Noah ............................................................................................................................. Nobel Cargo Customs Inc ............................................................................................ Oliva-Hardison .............................................................................................................. PCU Customs Brokers ................................................................................................. Preferred Services Inc .................................................................................................. Prologix LLC ................................................................................................................. Riggs ............................................................................................................................ Tri-Port Clearance Corp ............................................................................................... Voight ........................................................................................................................... Whittingham .................................................................................................................. Martha L .................................................... ................................................................... ................................................................... ................................................................... Mary Jo ..................................................... Michelle J .................................................. Luis R ........................................................ Jose .......................................................... Michael Brian ............................................ ................................................................... Benny ........................................................ Eduardo .................................................... Robert A .................................................... ................................................................... ................................................................... ................................................................... ................................................................... Alexander .................................................. ................................................................... David Preston ........................................... Lenny Dean .............................................. Amir ........................................................... ................................................................... Deborah Anne ........................................... Chong H .................................................... Gerald Jacob ............................................ ................................................................... Mike .......................................................... ................................................................... Cindy Yu ................................................... Peggy G .................................................... Peter C ...................................................... ................................................................... Frank Seung ............................................. ................................................................... Angel A ..................................................... ................................................................... ................................................................... ................................................................... Kathleen Tansey ....................................... ................................................................... Paul ........................................................... David ......................................................... 1 U.S. Customs and Border Protection publishes the date by which the permit user fee must be paid VerDate Sep<11>2014 18:07 Sep 23, 2024 Jkt 262001 annually. See 87 FR 77132 (December 16, 2022) and 88 FR 82910 (November 27, 2023). PO 00000 Frm 00071 Fmt 4703 Sfmt 4703 77881 E:\FR\FM\24SEN1.SGM 24SEN1 Permit No. 2022–0348 2022–0220 17–157 06–0108 17–016 2022–0487 2022–0415 19–133 2022–0218 99–0123 2020–0085 2022–0290 12–039 2022–0103 13–019 99–00643 99–00429 2022–0450 08–0064 2022–0269 15–019 2022–0212 19–036 11–060 2022–0179 2022–0485 2022–0209 09–0058 2021–0003 2020–0032 2022–0213 07–0149 17–123 06–0120 11–019 2022–0336 19–072 12–056 19–017 08–0040 99–00205 2022–0263 04–00010

Agencies

[Federal Register Volume 89, Number 185 (Tuesday, September 24, 2024)]
[Notices]
[Pages 77879-77881]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-21785]


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DEPARTMENT OF HOMELAND SECURITY

U.S. Customs and Border Protection


Quarterly IRS Interest Rates Used in Calculating Interest on 
Overdue Accounts and Refunds of Customs Duties

AGENCY: U.S. Customs and Border Protection, Department of Homeland 
Security.

ACTION: General notice.

-----------------------------------------------------------------------

SUMMARY: This notice advises the public that the quarterly Internal 
Revenue Service interest rates used to calculate interest on overdue 
accounts (underpayments) and refunds (overpayments) of customs duties 
will remain the same as the previous quarter. For the calendar quarter 
beginning October 1, 2024, the interest rates for underpayments will be 
8 percent for both corporations and non-corporations. The interest rate 
for overpayments will be 8 percent for non-corporations and 7 percent 
for corporations. This notice is published for the convenience of the 
importing public and U.S. Customs and Border Protection personnel.

DATES: The rates announced in this notice are applicable as of October 
1, 2024.

FOR FURTHER INFORMATION CONTACT: Bruce Ingalls, Revenue Division, 
Collection Refunds & Analysis Branch, 6650 Telecom Drive, Suite #100, 
Indianapolis, Indiana 46278; telephone (317) 298-1107.

SUPPLEMENTARY INFORMATION:

Background

    Pursuant to 19 U.S.C. 1505 and Treasury Decision 85-93, published 
in the Federal Register on May 29, 1985 (50 FR 21832), the interest 
rate paid on applicable overpayments or underpayments of customs duties 
must be in accordance with the Internal Revenue Code rate established 
under 26 U.S.C. 6621 and 6622. Section 6621 provides different interest 
rates applicable to overpayments: one for corporations and one for non-
corporations.
    The interest rates are based on the Federal short-term rate and 
determined by the Internal Revenue Service (IRS) on behalf of the 
Secretary of the Treasury on a quarterly basis. The rates effective for 
a quarter are determined during the first-month period of the previous 
quarter.
    In Revenue Ruling 2024-18, the IRS determined the rates of interest 
for the calendar quarter beginning October 1, 2024, and ending on 
December 31, 2024. The interest rate paid to the Treasury for 
underpayments will be the Federal short-term rate (5%) plus three 
percentage points (3%) for a total of eight percent (8%) for both 
corporations and non-corporations. For overpayments made by non-
corporations, the rate is the Federal short-term rate (5%) plus three 
percentage points (3%) for a total of eight percent (8%). For corporate 
overpayments, the rate is the Federal short-term rate (5%) plus two

[[Page 77880]]

percentage points (2%) for a total of seven percent (7%). These 
interest rates used to calculate interest on overdue accounts 
(underpayments) and refunds (overpayments) of customs duties remain the 
same as the previous quarter. These interest rates are subject to 
change for the calendar quarter beginning January 1, 2025, and ending 
on March 31, 2025.
    For the convenience of the importing public and U.S. Customs and 
Border Protection personnel, the following list of IRS interest rates 
used, covering the period from July of 1974 to date, to calculate 
interest on overdue accounts and refunds of customs duties, is 
published in summary format.

----------------------------------------------------------------------------------------------------------------
                                                                                                   Corporate
                                                           Under-payments     Over-payments       overpayments
           Beginning date                Ending date         (percent)          (percent)        (eff. 1-1-99)
                                                                                                   (percent)
----------------------------------------------------------------------------------------------------------------
070174..............................             063075                  6                  6  .................
070175..............................             013176                  9                  9  .................
020176..............................             013178                  7                  7  .................
020178..............................             013180                  6                  6  .................
020180..............................             013182                 12                 12  .................
020182..............................             123182                 20                 20  .................
010183..............................             063083                 16                 16  .................
070183..............................             123184                 11                 11  .................
010185..............................             063085                 13                 13  .................
070185..............................             123185                 11                 11  .................
010186..............................             063086                 10                 10  .................
070186..............................             123186                  9                  9  .................
010187..............................             093087                  9                  8  .................
100187..............................             123187                 10                  9  .................
010188..............................             033188                 11                 10  .................
040188..............................             093088                 10                  9  .................
100188..............................             033189                 11                 10  .................
040189..............................             093089                 12                 11  .................
100189..............................             033191                 11                 10  .................
040191..............................             123191                 10                  9  .................
010192..............................             033192                  9                  8  .................
040192..............................             093092                  8                  7  .................
100192..............................             063094                  7                  6  .................
070194..............................             093094                  8                  7  .................
100194..............................             033195                  9                  8  .................
040195..............................             063095                 10                  9  .................
070195..............................             033196                  9                  8  .................
040196..............................             063096                  8                  7  .................
070196..............................             033198                  9                  8  .................
040198..............................             123198                  8                  7  .................
010199..............................             033199                  7                  7                  6
040199..............................             033100                  8                  8                  7
040100..............................             033101                  9                  9                  8
040101..............................             063001                  8                  8                  7
070101..............................             123101                  7                  7                  6
010102..............................             123102                  6                  6                  5
010103..............................             093003                  5                  5                  4
100103..............................             033104                  4                  4                  3
040104..............................             063004                  5                  5                  4
070104..............................             093004                  4                  4                  3
100104..............................             033105                  5                  5                  4
040105..............................             093005                  6                  6                  5
100105..............................             063006                  7                  7                  6
070106..............................             123107                  8                  8                  7
010108..............................             033108                  7                  7                  6
040108..............................             063008                  6                  6                  5
070108..............................             093008                  5                  5                  4
100108..............................             123108                  6                  6                  5
010109..............................             033109                  5                  5                  4
040109..............................             123110                  4                  4                  3
010111..............................             033111                  3                  3                  2
040111..............................             093011                  4                  4                  3
100111..............................             033116                  3                  3                  2
040116..............................             033118                  4                  4                  3
040118..............................             123118                  5                  5                  4
010119..............................             063019                  6                  6                  5
070119..............................             063020                  5                  5                  4
070120..............................             033122                  3                  3                  2
040122..............................             063022                  4                  4                  3
070122..............................             093022                  5                  5                  4
100122..............................             123122                  6                  6                  5
010123..............................             093023                  7                  7                  6
100123..............................             123124                  8                  8                  7
----------------------------------------------------------------------------------------------------------------



[[Page 77881]]

Crinley S. Hoover,
Acting Chief Financial Officer, U.S. Customs and Border Protection.
[FR Doc. 2024-21785 Filed 9-23-24; 8:45 am]
BILLING CODE 9111-14-P
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