christine ledure

master of advanced studies

in international taxation

img-years

2020 interest rates (canton of Geneva)

ICC credit interest*
(in favour of the taxpayer):

0.01%
ICC default interest **
(in favour of the State):

2.51%
IFD credit interest *
(in favour of the taxpayer):

0%
IFD default interest**
(in favour of the State):
‍3% (from 1st January 2020 until 29th February 2020)
0% (from 1st March 2020 until 31st December 2020 – see our section COVID-19 – fiscal measures)
ICC compensatory interest***
(in favour of the taxpayer):
(in favour of the State):

‍0.01%
2.51% (from 1st January 2020 until 23rd March 2020)
0% (from 24th March 2020 until 31st December 2020 – see our section COVID-19 – fiscal measures)

*   on amounts paid before due date

** on over-due payments

*** for cantonal/municipal taxes, only, calculated on the difference between installments actually paid and the final tax burden, for the period starting March 31, 2019 until the final tax bill (all intermediary payments will be taken into consideration)

ICC Interest rates since 1995

IFD Interest rates since 1995