On 21 June 2018, the President of Peru authorized the Minister of Economy and Finance to sign the multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting. On 7 December 2016, Peru became a member of the Inclusive Framework on BEPS package and hosted the fifth plenary meeting of the Inclusive Framework held on 25-28 June 2018 in Lima.
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Peru updates VAT withholding rules for imports
Peru issued Legislative Decree No. 1714 on 4 February 2026, revising the application of advance VAT (IGV) withholding on imported goods. The changes clarify when a 10% withholding rate applies, up from the usual 3.5% or 5%, based on the risk profile
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Peru, UK tax treaty enters into force
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OECD: Montenegro, Oman, Panama, Peru, Rwanda, and Uruguay sign CARF MCAA, Addendum to CRS MCAA
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Peru extends VAT exemptions on selected goods and services
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Peru extends R&D tax incentives through 2028
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Peru: Government extends VAT exemptions for certain goods, services
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