On 23 January 2020, the Peruvian Tax Administration (SUNAT) has published Report No. 200-2019-SUNAT/7T0000 on its website regarding tax carry forward loss rules for research and development (R&D) incentives.
SUNAT clarifies that the R&D deductions must be applied to any tax losses curtailing from R&D expenses incurred and hose losses can be carried forward to following tax years in line with standard carry forward loss rules.
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