Internal Revenue Service
Revenue Ruling

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 Rev. Rul. 2000-11, 2000-10 IRB

Applicable federal rates tables.

Headnote:

Tables provided that set forth various applicable federal rates for March, 2000.

Code Sec. 1274;

Full Text:

This revenue ruling provides various prescribed rates for federal income tax purposes for March 2000 (the current month.) Table 1 contains the short-term, mid-term, and long-term applicable federal rates (AFR) for the current month for purposes of section 1274(d) of the Internal Revenue Code. Table 2 contains the short-term, mid-term, and long-term adjusted applicable federal rates (adjusted AFR) for the current month for purposes of section 1288(b). Table 3 sets forth the adjusted federal long-term rate and the long-term tax-exempt rate described in section 382(f). Table 4 contains the appropriate percentages for determining the low-income housing credit described in section 42(b)(2) for buildings placed in service during the current month. Finally, Table 5 contains the federal rate for determining the present value of an annuity, an interest for life or for a term of years, or a remainder or a reversionary interest for purposes of section 7520. 
                      REV. RUL. 2000-11 TABLE 1
            Applicable Federal Rates (AFR) for March 2000
                         Period for Compounding
                         ----------------------
                         Annual     Semiannual   Quarterly   Monthly
                         ------     ----------   ---------   -------
        Short-Term
        ----------
              AFR        6.45%        6.35%       6.30%       6.27%
         110% AFR        7.11%        6.99%       6.93%       6.89%
         120% AFR        7.77%        7.62%       7.55%       7.50%
         130% AFR        8.43%        8.26%       8.18%       8.12%
        Mid-Term
        --------
              AFR        6.80%        6.69%       6.63%       6.60%
         110% AFR        7.50%        7.36%       7.29%       7.25%
         120% AFR        8.19%        8.03%       7.95%       7.90%
         130% AFR        8.89%        8.70%       8.61%       8.55%
         150% AFR       10.29%       10.04%       9.92%       9.84%
         175% AFR       12.05%       11.71%      11.54%      11.43%
        Long-Term
        ---------
              AFR        6.75%        6.64%       6.59%       6.55%
         110% AFR        7.43%        7.30%       7.23%       7.19%
         120% AFR        8.13%        7.97%       7.89%       7.84%
         130% AFR        8.82%        8.63%       8.54%       8.48%
                      REV. RUL. 2000-11 TABLE 2
                     Adjusted AFR for March 2000
                       Period for Compounding
                       ----------------------
                        Annual   Semiannual   Quarterly   Monthly
                        ------   ----------   ---------   -------
         Short-term
         adjusted AFR    4.34%    4.29%        4.27%        4.25%
         Mid-term
         adjusted AFR    4.97%    4.91%        4.88%        4.86%
         Long-term
         adjusted AFR    5.84%    5.76%        5.72%        5.69%
                      REV. RUL. 2000-11 TABLE 3
               Rates Under Section 382 for March 2000
          Adjusted federal long-term rate for the current
          month                                                  5.84%
          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.)                                     5.84%
                         REV. RUL. 2000-11 TABLE 4
           Appropriate Percentages Under Section 42(b)(2)
                           for March 2000
           Appropriate percentage for the 70% present
           value low-income housing credit                      8.59%
           Appropriate percentage for the 30% present
           value low-income housing credit                      3.68%
                      REV. RUL. 2000-11 TABLE 5
               Rate Under Section 7520 for March 2000
           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    8.2%