Under new legislation, amounts that are not paid on time to the tax account, such as in the case of corrections and late submissions, will be subject a new interest calculation method.In addition, the monthly fixed interest rate will increase from 0.7% to 0.85%.The final consequences are still uncertain, as the difference in the effective interest rate varies depending on the age of the debt, and because it is not yet known whether the change will have retroactive effect. Executive summaryLegislation (L 2024-12-30 nr. 1694) aimed at eliminating compound interest on late tax payments and corrections has been approved for implementation...