Supreme Court Reduces Interest Rates on Customs Obligations
The Argentine Supreme Court held that the 3% monthly interest rate did not apply to customs tax liabilities denominated in USD.
On September 23, 2026, the Argentine Supreme Court ruled in the case Colecction SRL (TF 32281-A) v. DGA that the 3% monthly compensatory interest rate—an annual 36%—established by Resolution 841/2010 did not apply to customs tax liabilities. This Resolution was in force until 2019.
The cap established in article 794 of the Customs Code states that compensatory interest must correspond to the interest rate applicable to liabilities denominated in the same currency. The Court found that the rate was disproportionate and had no reasonable benchmark with the rates applicable to foreign currency liabilities in the market at the time it was set.
This insight is a brief comment on legal news in Argentina; it does not purport to be an exhaustive analysis or to provide legal advice.