The Section 7520 rate for December 2015 is 2.0%, while the Applicable Federal Rates (AFRs) are as follows (Rev. Rul. 2015-25, 2015-49 IRB):

                                                              Annual  Semiannual  Quarterly  Monthly

Short-term (≤ 3 years)                           0.56%          0.56%          0.56%          0.56%
Mid-term (> 3 years but ≤ 9 years)     1.68%           1.67%           1.67%           1.66%
Long-term (> 9 years)                            2.61%           2.59%          2.58%          2.58%

 

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