IRS issues Applicable Federal Rates (AFR) for February 2014

January 24th, 2014 by Joe Kristan

The IRS has issued (Rev. Rul. 2014-6) the minimum required interest rates for loans made in February 2014:

Short Term (demand loans and loans with terms of up to 3 years): 0.30%

-Mid-Term (loans from 3-9 years): 1.97%

-Long-Term (over 9 years): 3.56%

The Long-term tax-exempt rate for Section 382 ownership changes in February 2014 is 3.56%.

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


Tags: ,