Applicable Federal Rates
for July
Rev. Rul. 2009-20, 2009-28 IRB
The Applicable Federal Rates for July 2009 are reproduced below.
| Table
I
|
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| Applicable Federal Rate (AFR) |
Annual |
Semi-annual |
Quarterly |
Monthly |
|
July 2009 |
||||
| Period for Compounding |
||||
| Short-Term |
||||
| AFR |
.82% |
.82% |
.82% |
.82% |
| 110% AFR |
.90% |
.90% |
.90% |
.90% |
| 120% AFR |
.98% |
.98% |
.98% |
.98% |
| 130% AFR |
1.07% |
1.07% |
1.07% |
1.07% |
| Mid-Term |
||||
| AFR |
2.76% |
2.74% |
2.73% |
2.72% |
| 110% AFR |
3.03% |
3.01% |
3.00% |
2.99% |
| 120% AFR |
3.32% |
3.29% |
3.28% |
3.27% |
| 130% AFR |
3.59% |
3.56% |
3.54% |
3.53% |
| 150% AFR |
4.15% |
4.11% |
4.09% |
4.08% |
| 175% AFR |
4.86% |
4.80% |
4.77% |
4.75% |
| Long-Term
|
||||
| AFR |
4.36% |
4.31% |
4.29% |
4.27% |
| 110% AFR |
4.80% |
4.74% |
4.71% |
4.69% |
| 120% AFR |
5.24% |
5.17% |
5.14% |
5.12% |
| 130% AFR |
5.68% |
5.60% |
5.56% |
5.54% |
| Table II
|
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| Adjusted AFR for July 2009 |
||||
| Period for Compounding |
||||
| Annual |
Semi-annual |
Quarterly |
Monthly |
|
| Short-term adjusted AFR |
.84% |
.84% |
.84% |
.84% |
| Mid-term adjusted AFR |
2.22% |
2.21% |
2.20% |
2.20% |
| Long-term adjusted AFR |
4.33% |
4.28% |
4.26% |
4.24% |
| Table III
|
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| Rates Under Section 382 for July 2009 |
||||
| Adjusted federal long-term rate for the current month |
4.33% |
|||
| 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). |
4.58% |
|||
| Table
IV
|
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| Appropriate Percentages Under Section 42(b)(2)* for July 2009 |
||||
| 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% |
|||
| * Note: Under Code Sec. 42(b)(2), the applicable percentage for non-federally subsidized new buildings place in service after |
||||
| Table V
|
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| Rate Under Section 7520 for July 2009 |
||||
| 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% |
|||
| Table VI
|
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| Blended Annual Rate for 2009 |
||||
| Section 7872(e)(2) blended annual rate for 2009 |
0.82% |
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