afrs

Applicable Federal Rates

 

 

This table contains the short-term, mid-term, and long-term applicable federal rates (AFRs) for the specified month for purposes of section 1274(d) of the Internal Revenue Code. (Section 1274. Determination of Issue Price in the Case of Certain Debt Instruments Issued for Property.)

 

Short Term = not over 3 years

Mid Term = over 3 years but not over 9 years

Long Term = over 9 years.

 

The Section 7520 rate shown under Mid-Term rates is 120% of the Mid-Term rate, rounded to the nearest 2/10ths of 1% as required by IRC 7520(a)(2).These are the rates that are used in determining, for gift and estate tax purposes, the value of life estates, remainders, annuities and other valuations related to the life of one or more individuals.

 

September, 2008

Compounding:

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

2.38%

2.37%

2.36%

2.36%

110%AFR

2.63%

2.61%

2.60%

2.60%

120%AFR

2.86%

2.84%

2.83%

2.82%

130%AFR

3.10%

3.08%

3.07%

3.06%

Mid-Term

AFR

3.46%

3.43%

3.42%

3.41%

110%AFR

3.81%

3.77%

3.75%

3.74%

120%AFR

4.16%

4.12%

4.10%

4.09%

130%AFR

4.51%

4.46%

4.44%

4.42%

7520 Rate

4.2%

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Long-Term

AFR

4.58%

4.53%

4.50%

4.49%

110%AFR

5.04%

4.98%

4.95%

4.93%

120%AFR

5.51%

5.44%

5.40%

5.38%

130%AFR

5.98%

5.89%

5.85%

5.82%

 

August, 2008

Compounding:

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

2.54%

2.52%

2.51%

2.51%

110%AFR

2.79%

2.77%

2.76%

2.75%

120%AFR

3.04%

3.02%

3.01%

3.00%

130%AFR

3.31%

3.28%

3.27%

3.26%

Mid-Term

AFR

3.52%

2.95%

3.50%

3.49%

110%AFR

3.91%

3.87%

3.85%

3.84%

120%AFR

4.26%

4.22%

4.20%

4.18%

130%AFR

4.63%

4.58%

4.55%

4.54%

7520 Rate

4.2%

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Long-Term

AFR

4.58%

4.53%

4.50%

4.49%

110%AFR

5.04%

4.98%

4.95%

4.93%

120%AFR

5.51%

5.44%

5.40%

5.38%

130%AFR

5.98%

5.89%

5.85%

5.82%

 

July, 2008

Compounding:

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

2.42%

2.41%

2.40%

2.40%

110%AFR

2.67%

2.65%

2.64%

2.64%

120%AFR

2.91%

2.89%

2.88%

2.87%

130%AFR

3.15%

3.13%

3.12%

3.11%

Mid-Term

AFR

3.45%

3.42%

3.41%

3.40%

110%AFR

3.80%

3.76%

3.74%

3.73%

120%AFR

4.14%

4.10%

4.08%

4.07%

130%AFR

4.50%

4.45%

4.43%

4.41%

7520 Rate

4.2%

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Long-Term

AFR

4.60%

4.55%

4.52%

4.51%

110%AFR

5.07%

5.01%

4.98%

4.96%

120%AFR

5.53%

5.46%

5.42%

5.40%

130%AFR

6.01%

5.92%

5.88%

5.85%

 

June, 2008

Compounding:

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

2.08%

2.07%

2.06%

2.06%

110%AFR

2.29%

2.28%

2.27%

2.27%

120%AFR

2.50%

2.48%

2.47%

2.47%

130%AFR

2.71%

2.69%

2.68%

2.68%

Mid-Term

AFR

3.20%

3.17%

3.16%

3.15%

110%AFR

3.52%

3.49%

3.47%

3.46%

120%AFR

3.84%

3.80%

3.78%

3.77%

130%AFR

4.16%

4.12%

4.10%

4.09%

7520 Rate

3.8%

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Long-Term

AFR

4.46%

4.41%

4.39%

4.37%

110%AFR

4.91%

4.85%

4.82%

4.80%

120%AFR

5.36%

5.29%

5.26%

5.23%

130%AFR

5.81%

5.73%

5.69%

5.66%

 

 

May, 2008

Compounding:

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

1.64%

1.63%

1.63%

1.62%

110%AFR

1.80%

1.79%

1.79%

1.78%

120%AFR

1.97%

1.96%

1.96%

1.95%

130%AFR

2.13%

2.12%

2.11%

2.11%

Mid-Term

AFR

2.74%

2.72%

2.71%

2.70%

110%AFR

3.01%

2.99%

2.98%

2.97%

120%AFR

3.29%

3.26%

3.25%

3.24%

130%AFR

3.57%

3.54%

3.52%

3.51%

7520 Rate

3.2%

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Long-Term

AFR

4.21%

4.17%

4.15%

4.13%

110%AFR

4.64%

4.59%

4.56%

4.55%

120%AFR

5.06%

5.00%

4.97%

4.95%

130%AFR

5.49%