ApprofondimentiCircolariMemorandum N. 7 Jan. 19, 2024 Legal interest rate decreased to 2.5% from 2024 – Effects for tax purposes

1. DECREASE IN THE LEGAL INTEREST RATE FROM 5% TO 2.5%

By Ministerial Decree No. 288 of Nov. 29, 2023, published in the Official Gazette No. 288 of Dec. 11, 2023, the legal interest rate referred to in Article 1284 of the Civil Code was decreased from 5% to 2.5% per year.

 

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