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Italy Sets Legal (Statutory) Interest Rate for 2025

|Approved Changes|Italy
Italy

Italy has published the Decree of 10 December 2024 from the Ministry of Economy and Finance in the Official Gazette, which sets the legal (statutory) interest rate at 2.0% (down from 2.5%) with effect from 1 January 2025. For tax purposes, the rate may be used in relation to the taxation of interest income as a presumed rate on loans if the rate has not been agreed to in writing.

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