Applicable Federal Rates
for August
Rev. Rul. 2009-22, 2009-31 IRB
The Applicable Federal Rates for August 2009 are reproduced below.
| Table
I
|
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| Applicable Federal Rate (AFR) |
Annual |
Semi-annual |
Quarterly |
Monthly |
|
|
August 2009 |
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| Period for Compounding |
|||||
| Short-Term |
|||||
| AFR |
.83% |
.83% |
.83% |
.83% |
|
| 110% AFR |
.91% |
.91% |
.91% |
.91% |
|
| 120% AFR |
1.00% |
1.00% |
1.00% |
1.00% |
|
| 130% AFR |
1.08% |
1.08% |
1.08% |
1.08% |
|
| Mid-Term |
|||||
| AFR |
2.80% |
2.78% |
2.77% |
2.76% |
|
| 110% AFR |
3.08% |
3.06% |
3.05% |
3.04% |
|
| 120% AFR |
3.37% |
3.34% |
3.33% |
3.32% |
|
| 130% AFR |
3.64% |
3.61% |
3.59% |
3.58% |
|
| 150% AFR |
4.21% |
4.17% |
4.15% |
4.13% |
|
| 175% AFR |
4.93% |
4.87% |
4.84% |
4.82% |
|
| Long-Term
|
|||||
| AFR |
4.26% |
4.22% |
4.20% |
4.18% |
|
| 110% AFR |
4.69% |
4.64% |
4.61% |
4.60% |
|
| 120% AFR |
5.12% |
5.06% |
5.03% |
5.01% |
|
| 130% AFR |
5.57% |
5.49% |
5.45% |
5.43% |
|
| Table II
|
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| Adjusted AFR for August 2009 |
|||||
| Period for Compounding |
|||||
| Annual |
Semi-annual |
Quarterly |
Monthly |
||
| Short-term adjusted AFR |
.92% |
.92% |
.92% |
.92% |
|
| Mid-term adjusted AFR |
2.40% |
2.39% |
2.38% |
2.38% |
|
| Long-term adjusted AFR |
4.48% |
4.43% |
4.41% |
4.39% |
|
| Table III
|
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| Rates Under Section 382 for August 2009 |
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| Adjusted federal long-term rate for the current month |
4.48% |
||||
| Long-term tax-exempt rate for ownership changes during the current month (the highest of the adjusted federal long-term rates for the current month and the prior two months). |
4.48% |
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| Table
IV
|
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| Appropriate Percentages Under Section 42(b)(1)* for August 2009 |
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| Appropriate Percentage for the 70% present value low-income housing credit |
7.82% |
||||
| Appropriate Percentage for the 30% present value low-income housing credit |
3.35% |
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| Table V
|
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| Rate Under Section 7520 for August 2009 |
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| Applicable federal rate for determining the present value of an annuity, an interest for life or a term of years, or a remainder or reversionary interest |
3.4% |
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|
* Note: Under Code Sec. 42(b)(2), the applicable percentage for non-federally subsidized new buildings place in service after |
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