The 7520 rate for January 2016 will increase to 2.2%.
The January 2016 Applicable Federal Interest Rates can be found...
Section 1274.-- Determination of Issue Price in the Case of Certain Debt Instruments Issued for Property -
(Also Sections 42, 280G, 382, 412, 467, 468, 482, 483, 642, 807, 846, 1288, 7520, 7872.)
Rev. Rul. 2016-1 -
This revenue ruling provides various prescribed rates for federal income tax purposes for January 2016(the current month). Table 1 contains the short-term, mid-term, and long-term applicable federal rates (AFR) for the current month for purposes of section 1274(d) of the Internal Revenue Code.
Please see full publication below for more information.