rr-00-09.pdf

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# Part I

Section 1274 .-- Determination of Issue Price in the Case of
Certain Debt Instruments Issued for Property

(Also Sections 42, 280G, 382, 412, 467, 468, 482, 483, 642, 807,
846, 1288, 7520, 7872.)

## Rev. Rul. 2000-9

This revenue ruling provides various prescribed rates for
federal income tax purposes for February 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.

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REV. RUL. 2000-9 TABLE 1 Applicable Federal Rates (AFR) for February 2000 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

6.20%

6.11%

6.06%

6.03%

110% AFR

6.83%

6.72%

6.66%

6.63%

120% AFR

7.46%

7.33%

7.26%

7.22%

130% AFR

8.10%

7.94%

7.86%

7.81%

Mid-Term

AFR

6.56%

6.46%

6.41%

6.37%

110% AFR

7.24%

7.11%

7.05%

7.01%

120% AFR

7.90%

7.75%

7.68%

7.63%

130% AFR

8.58%

8.40%

8.31%

8.26%

150% AFR

9.92%

9.69%

9.58%

9.50%

175% AFR

11.63%

11.31%

11.15%

11.05%

Long-Term

AFR

6.77%

6.66%

6.61%

6.57%

110% AFR

7.46%

7.33%

7.26%

7.22%

120% AFR

8.15%

7.99%

7.91%

7.86%

130% AFR

8.85%

8.66%

8.57%

8.51%

REV. RUL. 2000-9 TABLE 2 Adjusted AFR for February 2000 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term adjusted AFR

4.19%

4.15%

4.13%

4.11%

Mid-term adjusted AFR

4.87%

4.81%

4.78%

4.76%

Long-term adjusted AFR

5.73%

5.65%

5.61%

5.58%

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# REV. RUL. 2000-9 TABLE 3

Rates Under Section 382 for February 2000
Adjusted federal long-term rate for the current month
5.73%

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. )

5.73%

## REV. RUL. 2000-9 TABLE 4

Appropriate Percentages Under Section 42 (b) (2)
for February 2000

Appropriate percentage for the 70% present

value low-income housing credit

8.57%

Appropriate percentage for the 30% present

value low-income housing credit

3.67%

# REV. RUL. 2000-9 TABLE 5 Rate Under Section 7520 for February 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
8.0%