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Personal Finance > Tax Update

IRS issues Applicable Federal Rates (AFR) for December 2009

Joe Kristan | Tue, 11/17/2009 - 3:34pm |  Add a comment

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The IRS has issued ( Rev. Rul. 2009-38) the minimum required interest rates for loans made in December 2009: -Short Term (demand loans and loans with terms of up to 3 years): 0.69% -Mid-Term (loans from 3-9 years): 2.64% -Long-Term (over 9 years): 4.17% The Long-term tax-exe
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