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Argentina Updates Rules for Late Payment Interest Rates and Refund Interest Rates

|Approved Changes|Argentina
Argentina

Argentina has published Resolution 598/2019 of 16 July 2019 in the Official Gazette, which updates the rules provided in Resolution 50/2019 on new interest rates for outstanding tax debts ({News-2019-02-27/A/2-previous coverage}). Resolution 50/2019 changed the rates so that compensatory and punitive interest rates would be equal to 1.2 times and 1.5 times, respectively, of the monthly equival…

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