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Argentina Reduces Late Tax Payment Interest Rates Permanently

06 March 2025

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Approved Changes

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Argentina

Argentina has reduced the late tax payment interest rates with effect from 1 March 2025. It is also provided that instead of adjusting the rates every couple of months, the rates are fixed from that date. The new rates are as follows: The compensatory interest rate for general late payment is 4.0% per month (down from 7.26% per month); and The punitive interest rate for late payment is 5.0% per month, which applies in cases where the collection of outstanding tax debts has been referred to the courts for enforcement (down from 8.38% per month). A monthly rate of 0.75%...