July 7520 Unchanged at 1.2% | Planned Giving Design Center

July 7520 Unchanged at 1.2% | Planned Giving Design Center: For purposes of determining the present value of an annuity, an interest for life or a term of years, or a remainder or a reversionary interest, Revenue Ruling 2012-20 indicates the applicable federal rate under section 7520 for July 2012 is 1.2%; unchanged from the June rate of 1.2% and down 0.4% from the May rate of 1.6%. The July rate is the lowest ever published.