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MAY 2003 AFRS ARE OUT

April 25, 2003

The IRS has issued (Rev. Rul. 2003-45) the minimum rates to be charged for loans made in May 2003:

Short Term (demand loans and loans with terms of 1-3 years): 1.53%
Mid-Term (loans from 3-9 years): 3.17%
Long-Term (over 9 years): 4.79%

Historical AFRs are available on the “Links” page at www.rothcpa.com.

 • Applicable Federal Rates       Bookmark: del.icio.us • Digg • reddit