Rev. Rul. 2014-8: Prescribed Rates for March 2014

The IRS recently issued Rev. Rul. 2014-8 to update prescribed rates for March 2014. Here is the summary of the relevant rates:

• Table 1: short-term, mid-term, and long-term AFRs for § 1274(d)
• Table 2: short-term, mid-term, and long-term adjusted AFRs for § 1288(b)
• Table 3: adjusted long-term federal rate and long-term tax-exempt rate for § 382(f)
• Table 4: percentage for low income housing credit in § 42(b)
•  Table 5: federal rate for annuity, a remainder, or a reversionary interest for § 7520

See Rev. Rul. 2014-8, 2014 Fed ¶46,269.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.