Search results with tag "Reporting installment sales and repossessions"

Reporting Installment Sales and Repossessions - brcea.org

10/18/2016 3 Interest Income, Continued Test rate is the lower of the following applicable federal rates (AFRs) The lowest AFR in effect during the three month period ending with the first month in which there is a binding written contract The lowest AFR in effect during the three month period ending with the month in which the sale or exchange occurs

  Federal, Seal, Reporting, Rates, Applicable, Repossessions, Installment, Reporting installment sales and repossessions, Applicable federal rates