IRS Issues Revenue Ruling on Section 1274 - Determination of Issue Price in Case of Certain Debt Instruments Issued for Property
July 07, 2026
July 07, 2026
WASHINGTON, July 7 -- The Internal Revenue Service issued the following revenue ruling (No. 2026-12) on July 6, 2026, entitled "Section 1274 - Determination of Issue Price in the Case of Certain Debt Instruments Issued for Property".
* * *
This revenue ruling provides various prescribed rates for federal income tax purposes for July 2026 (the current month). Table 1 contains the short-term, mid-term, and long-term applicable federal rates (AFR) for the current . . .
* * *
This revenue ruling provides various prescribed rates for federal income tax purposes for July 2026 (the current month). Table 1 contains the short-term, mid-term, and long-term applicable federal rates (AFR) for the current . . .