Rev. Rul. 2017-01: Base period T-bill rate | KPMG | US
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Rev. Rul. 2017-01: Base period T-bill rate

Rev. Rul. 2017-01: Base period T-bill rate

The IRS today released an advance version of Rev. Rul. 2017-01 that provides the “base period T-bill rate” as determined by Treasury’s Office of Debt Management for the period ending September 30, 2016.


Related content

Rev. Rul. 2017-01 [PDF 45 KB] provides a table of factors compounded daily for taxpayers with short or alternative tax years. 

Code section 995(f) requires the IRS to annually publish a “base period T-bill rate” with which shareholders of an interest charge domestic international sales corporation (IC-DISC) calculate the interest due on their IC-DISC-related deferred tax liability for the year.

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