AFTR Full Form - What is Full Form of AFTR?

AFTR is full form Applicable Federal Tax Rate

What is Applicable Federal Tax Rate?

The applicable federal rate (AFR) is the minimum interest rate that the Internal Revenue Service (IRS) allows for private loans. Each month the IRS publishes a set of interest rates that the agency considers the minimum market rate for loans. Any interest rate that is less than the AFR would have tax implications.