rr-00-45.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. 2000-45

This revenue ruling provides various prescribed rates for
federal income tax purposes for October 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. 2000-45 TABLE 1 Applicable Federal Rates (AFR) for October 2000 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

6.30%

6.20%

6.15%

6.12%

110% AFR

6.94%

6.82%

6.76%

6.73%

120% AFR

7.58%

7.44%

7.37%

7.33%

130% AFR

8.22%

8.06%

7.98%

7.93%

Mid-Term

AFR

6.09%

6.00%

5.96%

5.93%

110% AFR

6.71%

6.60%

6.55%

6.51%

120% AFR

7.33%

7.20%

7.14%

7.09%

130% AFR

7.95%

7.80%

7.73%

7.68%

150% AFR

9.20%

9.00%

8.90%

8.84%

175% AFR

10.78%

10.50%

10.37%

10.28%

Long-Term

AFR

5.96%

5.87%

5.83%

5.80%

110% AFR

6.56%

6.46%

6.41%

6.37%

120%

AFR

7.16%

7.04%

6.98%

6.94%

130% AFR 7.78%

7.63% 7.56% 7.51%

REV. RUL. 2000-45 TABLE 2 Adjusted AFR for October 2000 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term adjusted AFR

4.30%

4.25%

4.23%

4.21%

Mid-term adjusted AFR

4.52%

4.47%

4.45%

4.43%

Long-term adjusted AFR

5.33%

5.26%

5.23%

5.20%

REV. RUL. 2000-45 TABLE 3

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Rates Under Section 382 for October 2000

Adjusted federal long-term rate for the current month
5.33%

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. )

5.53%

## REV. RUL. 2000-45 TABLE 4

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

Appropriate percentage for the 70% present
value low-income housing credit
8.41%

Appropriate percentage for the 30% present
value low-income housing credit
3.60%

## REV. RUL. 2000-45 TABLE 5

Rate Under Section 7520 for October 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
7.4%