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.
The new rates are as follows with different rates for amounts expressed in USD
To determine the daily rates, the above rates are divided by 30. The new rates are effective from 1 September 2022.