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Italy Sets Legal (Statutory) Interest Rate for 2025

19 December 2024

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Approved Changes

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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.