Rev. Rul. 2025-6, 2025-11 I.R.B. 1064

This revenue ruling provides various prescribed rates for federal income tax purposes for March 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. 2025-6 TABLE 1 Applicable Federal Rates (AFR) for March 2025 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term

AFR

4.31%

4.26%

4.24%

4.22%

110% AFR

4.74%

4.69%

4.66%

4.64%

120% AFR

5.18%

5.11%

5.08%

5.06%

130% AFR

5.62%

5.54%

5.50%

5.48%

Mid-term

AFR

4.46%

4.41%

4.39%

4.37%

110% AFR

4.91%

4.85%

4.82%

4.80%

120% AFR

5.36%

5.29%

5.26%

5.23%

130% AFR

5.81%

5.73%

5.69%

5.66%

150% AFR

6.73%

6.62%

6.57%

6.53%

175% AFR

7.87%

7.72%

7.65%

7.60%

Long-term

AFR

4.82%

4.76%

4.73%

4.71%

110% AFR

5.31%

5.24%

5.21%

5.18%

120% AFR

5.79%

5.71%

5.67%

5.64%

130% AFR

6.29%

6.19%

6.14%

6.11%

REV. RUL. 2025-6 TABLE 2 Adjusted AFR for March 2025 Period for Compounding

Annual

Semiannual

Quarterly

Monthly

Short-term adjusted AFR

3.26%

3.23%

3.22%

3.21%

Mid-term adjusted AFR

3.38%

3.35%

3.34%

3.33%

Long-term adjusted AFR

3.64%

3.61%

3.59%

3.58%

REV. RUL. 2025-6 TABLE 3 Rates Under Section 382 for March 2025

Adjusted federal long-term rate for the current month

3.64%

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.)

3.67%

REV. RUL. 2025-6 TABLE 4 Appropriate Percentages Under Section 42(b)(1) for March 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

8.08%

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

3.46%

REV. RUL. 2025-6 TABLE 5 Rate Under Section 7520 for March 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

5.4%

Section 42.—Low-Income Housing Credit

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of March 2025. See Rev. Rul. 2025-6, page 1064.

Section 280G.—Golden Parachute Payments

The applicable federal short-term, mid-term, and long-term rates are set forth for the month of March 2025. See Rev. Rul. 2025-6, page 1064.

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 March 2025. See Rev. Rul. 2025-6, page 1064.

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 March 2025. See Rev. Rul. 2025-6, page 1064.

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 March 2025. See Rev. Rul. 2025-6, page 1064.

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 March 2025. See Rev. Rul. 2025-6, page 1064.

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 March 2025. See Rev. Rul. 2025-6, page 1064.

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 March 2025. See Rev. Rul. 2025-6, page 1064.

Section 7520.—Valuation Tables

The applicable federal mid-term rates are set forth for the month of March 2025. See Rev. Rul. 2025-6, page 1064.

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 March 2025. See Rev. Rul. 2025-6, page 1064.