CCH Tax Day Report
A listing of the average annual effective interest rates on new loans under the Farm Credit System has been issued by the IRS. The rates are used in computing the special use value of farm real property for which an election is made under Code Sec. 2032A. The rates may be used by estates that value farmland under Code Sec. 2032A as of a date in 2016.
Rev. Rul. 2016-19, FINH ¶30,833
Code Sec. 2032A
CCH Reference – FINH ¶4240.33
CCH Reference – FINH ¶4240.661
Tax Research Consultant
CCH Reference – TRC ESTGIFT: 36,252