LEGAL INTEREST AT 0.01% FROM 1.1.2021
The Ministry of Economy and Finance, by way of Decree of December 11, 2020, published in the Gazzetta Ufficiale no. 310 of December 15, 2020, has changed the legal interest rate, pursuant to art. 1284 of the Italian Civil Code, from the current 0.05% to 0.01% per annum as of January 1, 2021.
The above change affects the determination of the interest due from the taxpayer or the withholding agent in order to regularize, by means of the institute of voluntary redemption, the omissions/irregularities committed during the payment of taxes.
LDP remains at your disposal for any further information or in-depth study of the above topics.