The Ministry of Finance has published the market interest rate for related party loans for the year 2021. The market interest rate is 3.00 % p.a.
This interest rate is the lowest and the highest tax-deductible interest rate that can be charged on loans between domestic and foreign related parties:
This interest rate also applies on loans between domestic parties, if one of the parties is in a tax favourable position when:
Penalty interest on taxes and social security contributions for the period from 1st January to 30th June 2021 amounts to 5.75 % p.a.