Peru and Spain have reaffirmed their commitment to concluding and signing a new income tax treaty, following their 11th Political Consultations held on 8 September 2026.
Peru’s Ministry of Foreign Affairs, in a release, confirmed that officials from Peru and Spain met on 8 September 2026 for their 11th Political Consultations and reaffirmed the need to conclude negotiations and sign a new income tax treaty.
The talks formed part of continued high-level dialogue under the two countries’ Reinforced Strategic Partnership, established in 2015. Citing growing trade, investment and tourism ties, both sides gave high priority to concluding and signing the Convention to Avoid Double Taxation and Prevent Tax Evasion, which is expected to strengthen legal certainty and support investment.
If an agreement is reached, the new treaty will require finalisation, singing and ratification before it can enter into force.
