AFR

(redirected from Applicable Federal Rate)
Also found in: Financial, Acronyms.

AFR

Abbreviation for:
adaptive frequency response
annual financial return (Medspeak-UK)
aortic flow rate
aqueous flare response
average flow rate
References in periodicals archive ?
8l) "Forgone interest" is the excess of the amount of interest that would have been payable if it accrued at the applicable federal rate and was payable on the last day of the calendar year over any interest
By comparison, a loan at the applicable federal rate (which presumably is close to the actual market rate) would have cost Flint $6,000 in year 1.
Answer--The applicable federal rates (AFRs) are published by the Secretary of the Treasury on a monthly basis.
This residual value is determined based on actuarial tables and the special applicable federal rate used in discounting the grantor's retained annuity payments.
The settlor receives an installment note bearing interest at not less than the applicable federal rate (IRC section 7872).
In order for the loan to be considered an arms-length transaction, the trustee must pay the grantor annual interest on the loan at least equal to the applicable federal rate (AFR).
66) In the case of a section 467 rental agreement that is a disqualified leaseback, a long-term agreement, or a section 467 rental agreement that does not provide adequate interest on fixed rent, the yield of the section 467 loan equals 110 percent of the applicable federal rate (AFR).
Excess interest is defined as any interest credited to the nonqualified plan greater than 120% of the longterm applicable federal rate
Interest on the unpaid accrued interest amount shall accrue based on the effective Applicable Federal Rate and shall be paid in full on the maturity date.
Note that where there is an interest rate reduction outside the original debt instrument, DOI income will not result as long as the new interest rate is at least equal to or greater than the applicable federal rate.
Under the loan regime, the interest cost is based on the applicable federal rate or AFR.
If the earnings credited to an employee's account exceed whichever of these amounts is applicable, the employee will be taxed on wages equal to the excess of the amount credited to the account over the amount that would be determined using the mid-term applicable federal rate (AFR) for January 1 of the year.