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Argentina Extends Deadline for Installment Payment Facility for Outstanding Tax Debts — Orbitax Tax News & Alerts

Earlier in the year, Argentina introduced an installment payment facility for outstanding tax, customs duty, and social security contributions that were due up to 28 February 2015. The facility allows payers to pay off the liability in monthly installments over a period of up to 120 months with an interest rate of 1.9% per month (the standard rate is 3% per month).

The initial payment deadline to make use of the facility was 31 May 2015, including a down payment of 7% of the amount due. This was recently extended to 30 June 2015.