Argentina Increases Late Tax Payment Interest Rates

Increase in Compensatory Interest Rate: The compensatory interest rate for general late tax payments has increased to 7.47% per month for the period from December 1, 2024, to January 31, 2025, up from 6.41% per month for the previous period.
Increase in Punitive Interest Rate: The punitive interest rate for late payments, applicable when tax debts are referred to courts for enforcement, has risen to 8.62% per month for the same period, compared to 7.39% per month previously.
Unchanged Rates for USD Debts: Interest rates for debts in USD remain unchanged, with compensatory interest at 0.83% per month and punitive interest at 1.0% per month.