Argentina has increased the late tax payment interest rate for the period 1 December 2024 to 31 January 2025. The new rates are as follows:
- The compensatory interest rate for general late payment is 7.47% per month for the period 1 December 2024 to 31 January 2025 (up from 6.41% per month for the period 1 October to 30 November 2024); and
- The punitive interest rate for late payment is 8.62% per month for the period 1 December 2024 to 31 January 2025, which applies in cases where the collecti…