Rev. Rul. 2025-19, 2025-41 I.R.B. 445

This revenue ruling provides various prescribed rates for federal income tax purposes for October 2025 (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)(1) for buildings placed in service during the current month. However, under section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, shall not be less than 9%. 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.

REV. RUL. 2025-19 TABLE 1 Applicable Federal Rates (AFR) for October 2025 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term

AFR

3.81%

3.77%

3.75%

3.74%

110% AFR

4.19%

4.15%

4.13%

4.11%

120% AFR

4.57%

4.52%

4.49%

4.48%

130% AFR

4.96%

4.90%

4.87%

4.85%

Mid-term

AFR

3.87%

3.83%

3.81%

3.80%

110% AFR

4.25%

4.21%

4.19%

4.17%

120% AFR

4.65%

4.60%

4.57%

4.56%

130% AFR

5.04%

4.98%

4.95%

4.93%

150% AFR

5.83%

5.75%

5.71%

5.68%

175% AFR

6.81%

6.70%

6.64%

6.61%

Long-term

AFR

4.73%

4.68%

4.65%

4.64%

110% AFR

5.22%

5.15%

5.12%

5.10%

120% AFR

5.70%

5.62%

5.58%

5.56%

130% AFR

6.17%

6.08%

6.03%

6.00%

REV. RUL. 2025-19 TABLE 2 Adjusted AFR for October 2025 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term adjusted AFR

2.88%

2.86%

2.85%

2.84%

Mid-term adjusted AFR

2.93%

2.91%

2.90%

2.89%

Long-term adjusted AFR

3.58%

3.55%

3.53%

3.52%

REV. RUL. 2025-19 TABLE 3 Rates Under Section 382 for October 2025

Adjusted federal long-term rate for the current month

3.58%

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.)

3.65%

REV. RUL. 2025-19 TABLE 4 Appropriate Percentages Under Section 42(b)(1) for October 2025

Note: Under section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after July 30, 2008, shall not be less than 9%.

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

8.00%

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

3.43%

REV. RUL. 2025-19 TABLE 5 Rate Under Section 7520 for October 2025

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

4.6%

Section 42.—Low-Income Housing Credit

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 280G.—Golden Parachute Payments

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19 page 445.

Section 382.—Limitation on Net Operating Loss Carryforwards and Certain Built-In Losses Following Ownership Change

The adjusted applicable federal long-term rate is set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 467.—Certain Payments for the Use of Property or Services

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 468.—Special Rules for Mining and Solid Waste Reclamation and Closing Costs

The applicable federal short-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 482.—Allocation of Income and Deductions Among Taxpayers

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 483.—Interest on Certain Deferred Payments

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 1288.—Treatment of Original Issue Discount on Tax-Exempt Obligations

The adjusted applicable federal short-term, mid-term, and long-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 7520.—Valuation Tables

The applicable federal mid-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.

Section 7872.—Treatment of Loans With Below-Market Interest Rates

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of October 2025. See Rev. Rul. 2025-19, page 445.