Applicable Federal Rates for September 2016 




Rev Rul 2016-20
The Applicable Federal Rates for September 2016 are reproduced below.
Table 1
                Applicable Federal Rates (AFR) for September 2016
                          Period for Compounding
                Annual         Semiannual       Quarterly        Monthly
                                  Short-Term
     AFR         .61%           .61%             .61%             .61%
110% AFR         .67%           .67%             .67%             .67%
120% AFR         .73%           .73%             .73%             .73%
130% AFR         .79%           .79%             .79%             .79%
                                  Mid-Term
     AFR        1.22%          1.22%            1.22%            1.22%
110% AFR        1.34%          1.34%            1.34%            1.34%
120% AFR        1.47%          1.46%            1.46%            1.46%
130% AFR        1.60%          1.59%            1.59%            1.58%
150% AFR        1.84%          1.83%            1.83%            1.82%
175% AFR        2.15%          2.14%            2.13%            2.13%
                                  Long-Term
     AFR        1.90%          1.89%            1.89%            1.88%
110% AFR        2.09%          2.08%            2.07%            2.07%
120% AFR        2.28%          2.27%            2.26%            2.26%
130% AFR        2.48%          2.46%            2.45%            2.45%
Table 2
                         Adjusted AFR for September 2016
                          Period for Compounding
                   Annual         Semiannual        Quarterly        Monthly
Short-term
adjusted AFR        .45%            .45%              .45%            .45%
Mid-term
adjusted AFR        .91%            .91%              .91%            .91%
Long-term
adjusted AFR       1.41%           1.41%             1.41%           1.41%
Table 3
                    Rates Under Section 382 for September 2016
Adjusted federal long-term rate for the current month                  1.41%
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)                                2.08%
Table 4
                Appropriate Percentages Under Section 42(b)(1)
                                for September 2016**
Appropriate percentage for the 70% present value low-income
housing credit                                                         7.36%
Appropriate percentage for the 30% present value low-income
housing credit                                                         3.15%
Table 5
                    Rate Under Section 7520 for September 2016
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                                                  1.4%

**Note: Under section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after Sept. 30, 2008, will not be less than 9%.

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