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Belgium Sets Late Payment Interest Rate for 2022

|Approved Changes|Belgium
Belgium

A notice from Belgium's Federal Public Service (SPF) Finance concerning the late payment interest rate was published in the Official Gazette on 27 October 2021. The notice provides that the interest rate is set at 4% for the 2022 calendar year, which is the same as the 2021 calendar year. The late payment interest rate is based on the average of the reference indices with respect to 10-year OLO's (euro-denominated securities) published by the Belgian Debt Agency for the months of July, Augus…

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