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Get Revenue Ruling 2003-111 - 2003 Base Period T-bill Rate. 2003 Base Period T-bill Rate. The Base

S DISC-related deferred tax liability for the year and the base period T-bill rate. Under section 995(f)(4), the base period T-bill rate is the annual rate of interest determined by the Secretary to be equivalent to the average of the 1-year constant maturity Treasury yields, as published by the Board of Governors of the Federal Reserve System, for the 1-year period ending on September 30 of the calendar year ending with (or of the most recent calendar year ending before) the close of t.

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