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Rates for June Federal Income Tax

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  • June 2, 2020

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.

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