rr-00-19.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. 2000-19

This revenue ruling provides various prescribed rates for
federal income tax purposes for April 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. 2000-19 TABLE 1 Applicable Federal Rates (AFR) for April 2000 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-Term

AFR

6.46%

6.36%

6.31%

6.28%

110% AFR

7.12%

7.00%

6.94%

6.90%

120% AFR

7.78%

7.63%

7.56%

7.51%

130% AFR

8.44%

8.27%

8.19%

8.13%

Mid-Term

AFR

6.71%

6.60%

6.55%

6.51%

110% AFR

7.39%

7.26%

7.20%

7.15%

120% AFR

8.08%

7.92%

7.84%

7.79%

130% AFR

8.76%

8.58%

8.49%

8.43%

150% AFR

10.15%

9.90%

9.78%

9.70%

175% AFR

11.88%

11.55%

11.39%

11.28%

Long-Term

AFR

6.49%

6.39%

6.34%

6.31%

110% AFR

7.15%

7.03%

6.97%

6.93%

120% AFR

7.82%

7.67%

7.60%

7.55%

130% AFR

8.48%

8.31%

8.23%

8.17%

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REV. RUL. 2000-19 TABLE 2 Adjusted AFR for April 2000 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term adjusted AFR

4.39%

4.34%

4.32%

4.30%

Mid-term adjusted AFR

5.00%

4.94%

4.91%

4.89%

Long-term adjusted AFR

5.75%

5.67%

5.63%

5.60%

REV. RUL. 2000-19 TABLE 3

Rates Under Section 382 for April 2000
Adjusted federal long-term rate for the current month
5.75%

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. )
5.84%

REV. RUL. 2000-19 TABLE 4

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

Appropriate percentage for the 70% present

value low-income housing credit

8.55%

Appropriate percentage for the 30% present

value low-income housing credit

3.66%

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<!-- PageHeader="REV. RUL. 2000-19 TABLE 5 Rate Under Section 7520 for April 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%