In Peru, Law 30327 providing tax incentives for medium-sized, small and micro enterprises was published in the Official Gazette on 21 May 2015.
According to the new law medium-sized, small and micro enterprises are now subject to tax under the general regime of business income. The tax credit for training granted against the income tax due is equal to expenses of the employee training incurred, provided that they do not exceed 3% of an enterprise’s staff payroll in the concerning fiscal year.
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