(Michael S. Rosen) wrote:
> What is the significance of the other rate lines in the
> AFRs? I.e. 110%, 120%, etc.
I got my answer from the IRS:
"section 1274 of the internal revenue code applies online
www.irs.gov 110% is for sale leasebacks. low income housing
120% and 130% rules apply, all others are at the afr which
is considered the 100% rule, rarely is an individual
involved with a rate of 110 or above"
Mike
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