On 8 September 2022, a draft bill was submitted to the Peruvian Congress for the ratification of the multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (MLI). Peru signed the convention on 27 June 2018, and must now deposit its ratification instrument in order to put the MLI into force for its covered agreements (tax agreements).
Related Posts
Peru, Spain reaffirm commitment to concluding income tax treaty
Peru's Ministry of Foreign Affairs, in a release, confirmed that officials from Peru and Spain met on 8 September 2026
Read More
OECD urges Peru to cut tax expenditures, improve compliance
Peru needs to strengthen its tax system as low tax revenues, high informality and weaknesses in tax compliance continue
Read More
Hong Kong, Peru free trade agreement takes effect in September 2026
The free trade agreement (FTA) between Hong Kong and Peru, signed on 15 November 2024, will enter into force on 1
Read More
Peru introduces 100% tax deduction for reinvested profits under new maritime industry incentives
Peru has enacted Law No. 32706, introducing tax incentives and industry measures aimed at modernising the country's
Read More
Peru: SUNAT updates GAAR high tax risk scheme catalogue with 11 new arrangements
Peru's National Superintendency of Customs and Tax Administration (SUNAT) has published Version 4.0 of its Catalogue of
Read More
Peru: SUNAT extends deadline for local file submissions 2025
Peru's National Superintendency of Customs and Tax Administration (SUNAT) has extended the deadline for submitting the
Read More