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El Salvador Issues Notice on Increased Interest Rates for Late Tax Payment

|Approved Changes|El Salvador
El Salvador

El Salvador's Ministry of Finance has issued a notice on the applicable interest rates for late tax payments during the period 1 February 2025 to 31 July 2025. This includes an annual interest rate of 7.99%, which is increased to 11.99% after 60 days following the expiration of the due date for the tax obligation. This is up from the prior rates of 7.53% and 11.53%.

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