Applicable Federal Rates
for May
Rev. Rul. 2011-11, 2011-19 IRB
The Applicable Federal Rates for May 2011 are reproduced below.
| Table
I
|
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| Applicable Federal Rate (AFR) |
Annual |
Semi-annual |
Quarterly |
Monthly |
|
|
May 2011 |
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| Period for Compounding |
|||||
| Short-Term |
|||||
| AFR |
.56% |
.56% |
.56% |
.56% |
|
| 110% AFR |
.62% |
.62% |
.62% |
.62% |
|
| 120% AFR |
.67% |
.67% |
.67% |
.67% |
|
| 130% AFR |
.73% |
.73% |
.73% |
.73% |
|
| Mid-Term |
|||||
| AFR |
2.44% |
2.43% |
2.42% |
2.42% |
|
| 110% AFR |
2.69% |
2.67% |
2.66% |
2.66% |
|
| 120% AFR |
2.94% |
2.92% |
2.91% |
2.90% |
|
| 130% AFR |
3.18% |
3.16% |
3.15% |
3.14% |
|
| 150% AFR |
3.68% |
3.65% |
3.63% |
3.62% |
|
| 175% AFR |
4.30% |
4.25% |
4.23% |
4.21% |
|
| Long-Term
|
|||||
| AFR |
4.19% |
4.15% |
4.13% |
4.11% |
|
| 110% AFR |
4.62% |
4.57% |
4.54% |
4.53% |
|
| 120% AFR |
5.04% |
4.98% |
4.95% |
4.93% |
|
| 130% AFR |
5.47% |
5.40% |
5.36% |
5.34% |
|
| Table II
|
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| Adjusted AFR for May 2011 |
|||||
| Period for Compounding |
|||||
| Annual |
Semi-annual |
Quarterly |
Monthly |
||
| Short-term adjusted AFR |
.73% |
.73% |
.73% |
.73% |
|
| Mid-term adjusted AFR |
1.98% |
1.97% |
1.97% |
1.96% |
|
| Long-term adjusted AFR |
4.30% |
4.25% |
4.23% |
4.21% |
|
| Table III
|
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| Rates Under Section 382 for May 2011 |
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| Adjusted federal long-term rate for the current month |
4.30% |
||||
| 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). |
4.55% |
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| Table
IV
|
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| Appropriate Percentages Under Section 42(b)(1)* for May 2011 |
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| Appropriate Percentage for the 70% present value low-income housing credit |
7.77% |
||||
| Appropriate Percentage for the 30% present value low-income housing credit |
3.33% |
||||
| Table V
|
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| Rate Under Section 7520 for May 2011 |
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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 |
3.0% |
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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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