It is recalled that the announcement no.158 by the Italian Minister of Economy and Finance was published on the Official Journal.

This document specifies that for the second half of 2018 (1 July – 31 December) the rate of interest to be applied in the event of late payment in commercial transactions is 0%.

As required by Legislative Decree No. 231/2002, at this rate must be added 8% for interests on arrears, in case of late payment in commercial transactions.

 

 

Source: Istituto Nazionale Tributaristi