interest for late payment
For the second half of 2008 reduced the rate of 0.10% of interest to be applied on late payments in commercial transactions, thus arriving at 11.10%. This rate is applicable to all payments made in consideration of transactions that result from contracts between companies or between companies and governments that lead to the delivery of goods or services, on payment of a price, also including the professions. In the case of perishable food trade interests rose to 13.10%. The calculation of interest begins the day after the deadline for payment.
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