Tax Update Blog: Permalink

IRS releases Applicable Federal Rates (AFR) for February 2012

The IRS has issued (Rev. Rul. 2012-7) the minimum required interest rates for loans made in February 2012:

-Short Term (demand loans and loans with terms of up to 3 years): 0.19%

-Mid-Term (loans from 3-9 years): 1.12%

-Long-Term (over 9 years): 2.58%

Historical AFRs may be found here or from prior Tax Update posts.

The Long-term tax-exempt rate for Section 382 ownership changes in February 2012 is 3.55%.

TrackBack URL for this entry:
http://www.rothcpa.com/mt/contages.cgi/3488