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OCTOBER 2003 AFRs ARE OUT

September 22, 2003

The IRS has issued (Rev. Rul. 2003-107) the minimum interest rates for loans made in October 2003:

Short Term (demand loans and loans with terms of 1-3 years): 1.68%
Mid-Term (loans from 3-9 years): 3.65%
Long-Term (over 9 years): 5.23%

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

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