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Argentina Sets New Fixed Late Tax Payment and Refund Interest Rates

Argentina has published Resolution 559/2022, establishing new late tax payment and refund interest rates. Resolution 559/2022 repeals Resolution 598/2019, which established rules for the determination of the interest rates quarterly based on the nominal rate of 180-day fixed-term deposits in pesos of the National Bank of Argentina. Under Resolution 559/2022, fixed interest rates are provided that are no longer adjusted based on the National Bank rate.

Source Orbitax

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