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MAY 2006 APPLICABLE FEDERAL RATES (AFR) ISSUED

April 25, 2006

The IRS has issued (Rev. Rul. 2006-24) the minimum interest rates for loans made in May 2006:

-Short Term (demand loans and loans with terms of up to 3 years): 4.85%
-Mid-Term (loans from 3-9 years): 4.84%
-Long-Term (over 9 years): 5:00%

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

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