Part I. Rulings and Decisions Under the Internal Revenue Code
of 1986
Section 42.—Low-Income Section 482.—Allocation sections 382, 642, 1274, 1288, and other
Housing Credit of Income and Deductions sections of the Code, tables set forth the
Among Taxpayers rates for June 2009.
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month Federal short-term, mid-term, and long-term rates
of June 2009. See Rev. Rul. 2009-16, page 1058.
Rev. Rul. 2009–16
are set forth for the month of June 2009. See Rev.
Rul. 2009-16, page 1058. This revenue ruling provides vari-
Section 280G.—Golden ous prescribed rates for federal income
Parachute Payments Section 483.—Interest on tax purposes for June 2009 (the current
Certain Deferred Payments month). Table 1 contains the short-term,
Federal short-term, mid-term, and long-term rates mid-term, and long-term applicable fed-
are set forth for the month of June 2009. See Rev. The adjusted applicable federal short-term, mid- eral rates (AFR) for the current month
Rul. 2009-16, page 1058. term, and long-term rates are set forth for the month for purposes of section 1274(d) of the
of June 2009. See Rev. Rul. 2009-16, page 1058.
Internal Revenue Code. Table 2 contains
Section 382.—Limitation the short-term, mid-term, and long-term
on Net Operating Loss Section 642.—Special adjusted applicable federal rates (adjusted
Carryforwards and Certain Rules for Credits and AFR) for the current month for purposes
Built-In Losses Following Deductions of section 1288(b). Table 3 sets forth the
Ownership Change adjusted federal long-term rate and the
Federal short-term, mid-term, and long-term rates long-term tax-exempt rate described in
The adjusted applicable federal long-term rate is are set forth for the month of June 2009. See Rev.
section 382(f). Table 4 contains the ap-
set forth for the month of June 2009. See Rev. Rul. Rul. 2009-16, page 1058.
propriate percentages for determining the
2009-16, page 1058.
low-income housing credit described in
Section 807.—Rules for section 42(b)(1) for buildings placed in
Section 412.—Minimum Certain Reserves service during the current month. How-
Funding Standards ever, under section 42(b)(2), the applicable
The adjusted applicable federal short-term, mid-
percentage for non-federally subsidized
The adjusted applicable federal short-term, mid- term, and long-term rates are set forth for the month
term, and long-term rates are set forth for the month of June 2009. See Rev. Rul. 2009-16, page 1058.