Colombia: Foreign Ministry announces implementation of Free Trade Agreement (FTA) with the European Union (EU) and Peru

Peru has enacted Law No. 32706, introducing tax incentives and industry measures aimed at modernising the country's commercial fleet used for national coastal shipping while strengthening the domestic naval industry, including shipbuilding, repair

Peru's National Superintendency of Customs and Tax Administration (SUNAT) has published Version 4.0 of its Catalogue of High Tax Risk Schemes, adding 11 new arrangements that could be used to obtain undue tax benefits and may be challenged under the

Colombia's tax authority (DIAN) released Press Release 090 on 30 June 2026, outlining the filing schedule for the 2025 personal income tax return. The filing window runs from 12 August through 26 October 2026, with submission dates staggered

Colombia is preparing for a potential tax reform driven by rising fiscal pressures and a growing deficit. While the incoming administration has proposed tax cuts, experts argue that broader structural changes will be needed to increase revenue and

Peru's National Superintendency of Customs and Tax Administration (SUNAT) has extended the deadline for submitting the Informative Sworn Statement "Reporte Local" or Local File (Report) (Virtual Form No. 3560) for the 2025 tax year. The extension

Peru’s Ministry of Foreign Affairs has announced that officials from the Netherlands and Peru signed an Agreement on Mutual Administrative Assistance in Customs Matters on 4 June 2026. The agreement will facilitate the exchange of information