juros compensatórios
Published 5 November 2026, 22:39
juros compensatórios — compensatory interest paid to the state
Interest charged when, through the taxpayer's fault, a tax reaches the treasury later than it should. With IRS payments on account, this happens if someone cancelled or reduced a payment on account on their own initiative and, by the end of the year, had underpaid by more than 20% of what was due. It is calculated separately for each missed deadline, day by day, at the rate set in article 35 of the General Tax Law.
Where you come across it. The final IRS assessment after the return, if payments on account were reduced or not made.
This is not late-payment interest (juros de mora) but a charge for the money reaching the state later than it should. One does not rule out the other.