7520 Rate Continues Fall to 2.0%

 

7520 Rate Continues Fall to 2.0%
News story posted in Revenue Rulings by Marc Hoffman on 18 August 2011| comments
audience: National Publication | last updated: 18 August 2011
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Summary

For purposes of determining the present value of an annuity, an interest for life or a term of years, or a remainder or a reversionary interest, Revenue Ruling 2011-20 indicates the applicable federal rate under section 7520 for September 2011 is 2.0%; down 0.2% from the August rate of 2.2% and down 0.4% from the July rate of 2.4%.

Published in Aug 2011

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7520 Rates: June 1.2% May 1.6% April 1.4%

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