IRS issues Applicable Federal Rates (AFR) for March 2013

February 20th, 2013 by Joe Kristan

The IRS has issued (Rev. Rul. 2013-7) the minimum required interest rates for loans made in March 2013:

-Short Term (demand loans and loans with terms of up to 3 years): 0.22%

-Mid-Term (loans from 3-9 years): 1.09%

-Long-Term (over 9 years): 2.66%

The Long-term tax-exempt rate for Section 382 ownership changes in March 2013 is 2.77%.

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

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