Argentina is lowering compensatory interest to 2.75% and punitive interest to 3.5% per month for peso-denominated debts.
Argentina has reduced the interest rates applicable to late tax payments and tax refunds through Resolution 823/2025 on 23 June 2025.
The new rates apply from 1 July 2025 and cover obligations managed by the Revenue and Customs Control Agency (ARCA). The changes do not apply retroactively; debts incurred before that date remain subject to the rates in effect at the time of maturity.
The resolution sets the compensatory interest rate at 2.75% per month, down from 4.0%, for general late payments. The punitive interest rate, applied to debts under judicial or advanced administrative collection, is reduced from 5.0% to 3.5% per month. The interest rate for refunds, reimbursements, or compensations owed by the state decreases from 0.75% to 0.50% per month.
These revised rates apply to liabilities in Argentine pesos (ARS). Interest rates on debts denominated in US dollars (USD) remain unchanged at 0.83% per month for compensatory interest, 1.0% per month for punitive interest, and 0.20% per month for refunds.
The adjustment, issued by the Ministry of Economy under the authority granted by Article 64 of Law 27,591 and Article 130 of Law 11,672, aims to reflect the country’s changing macroeconomic environment, including declining inflation, tighter monetary policy, and a lower benchmark interest rate.
Earlier, Argentina reduced late tax payment interest rates and fixed them from 1 March 2025. The compensatory interest rate drops to 4.0% per month (from 7.26%) and the punitive rate to 5.0% per month (from 8.38%).
