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IRS releases Applicable Federal Rates (AFR) for May 2015

May 11, 2015 by OSYB Staff

The IRS has issued (Rev. Rul. 2015-08) the minimum required interest rates for loans made in May 2015:

-Short-Term (demand loans and loans with terms of up to 3 years): 0.43%

-Mid-Term (loans from 3-9 years): 1.53%

-Long-Term (over 9 years): 2.30%


The Long-term tax-exempt rate for Section 382 ownership changes in May 2015 is 2.47%.

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