Argentina has reduced the late tax payment interest rate for the period 1 February 2025 to 31 March 2025. The new rates are as follows:
- The compensatory interest rate for general late payment is 7.26% per month for the period 1 February 2025 to 31 March 2025 (down from 7.47% per month for the period 1 December 2024 to 31 January 2025); and
- The punitive interest rate for late payment is 8.38% per month for the period 1 February 2025 to 31 March 2025, which applies in cases where the collectio…