RR-2020-12: Applicable federal rates - June 2020

15 May 2020 2:19 PM | Anonymous

Revenue Ruling 2020-12 provides various prescribed rates for federal income tax purposes including the applicable federal interest rates for June 2020, the adjusted applicable federal interest rates, the adjusted federal long-term rate, the adjusted federal long-term tax-exempt rate. These rates are determined as prescribed by § 1274. 

Revenue Ruling 2020-12 will be in IRB:  2020-24, dated June 8, 2020.


©2019, Virginia Society of Tax & Accounting Professionals, formerly The Accountants Society of Virginia, 
is a 501(c)6 non-profit organization.

PO Box 3363 | Warrenton, VA 20188 | Phone: (800) 927-2731 | Fax: (888) 403-0920 | asv@virginia-accountants.org

Powered by Wild Apricot Membership Software