New SUNAT Criteria on Digital Services
SUNAT has issued Report No. 000046-2025-SUNAT/7T0000, adopting a new position regarding cross-border digital services.
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Tax Alerts
Here you will find articles, brochures, comments and opinions on current tax issues in Peru.
Annual Shareholders' Meeting
Companies are reminded that, in accordance with the General Corporations Law (LGS), they must hold a Mandatory Annual Shareholders' Meeting within the first three months of the year to approve the Annual Report and Financial Statements of the previous fiscal year.
Tax Reform and Transfer Pricing
Legislative Decrees 1662 and 1663 amend the Income Tax Law in Peru, introducing new Transfer Pricing rules. These regulations allow for the retroactive application of Advance Pricing Agreements (APAs) and the use of alternative valuation methods, providing companies with greater certainty and flexibility in their international transactions.
VAT Tax Reform
Rules come into force in Peru to collect VAT on B2C cross-border consumption of digital services and online importation of intangible goods, which also develop a procedure for nonresident providers to register with the Peruvian tax authority
15% impuesto sobre servicios no residentes
Tax Court Resolution Nro. 00663-2-2023 analyzes the arguments raised by the tax authorities and a resident withholding agent concerning the application of the tax definition of "technical assistance" to certain services rendered by nonresident companies, and confirms the assessment made by the former as the activities do not meet the conditions established in the law. This ruling is relevant as it...
Tax Court Ruling rejects pt adjustment
In the resolution of the Tax Court 02387-01-2023, the transfer pricing adjustment made by SUNAT in a transaction of purchase of goods and spare parts between a Peruvian company and its related parties has been rejected. In this process, it is evident that SUNAT did not accept the application of the Resale Price Method (RPM) proposed by the taxpayer or the adjustment for the geographical market, and...
Tax implications of the UIT increase
The update of the amount of the Unidad Impositiva Tributaria (UIT) for the year 2024 has an impact on the limits of deductibility for the calculation of taxes, on the value of tax fines and other aspects. Find out the details in the following note prepared by the tax team.
Interpretation shifts impact Peru-Chile tax treaty
Through Tax Ruling No. 000117-2023-SUNAT/7T0000, published on the Tax Authorities web portal on December 28, 2023, the Peruvian Tax Authorities has recently issued new interpretation guidelines regarding the application of the Peru-Chile Income Tax Treaty in an indirect sale of shares issued by a Peruvian company, concluding that Peru is also entitled to tax the capital gain obtained by the Chilean...