Peru: SUNAT reduces late payment interest rate from April 2021

According to an OECD update published on 3 March 2026, three new jurisdictions have joined the Common Reporting Standard framework by signing the addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account

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

The income and capital gains tax treaty between Peru and the UK entered into force on 21 January 2026. Signed on 20 March 2025, the agreement aims to eliminate double taxation, prevent tax evasion and avoidance, and improve dispute resolution

According to an OECD update, Montenegro, Oman, Panama, Peru, Rwanda, and Uruguay signed the Multilateral Competent Authority Agreement on Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA) and the Addendum to

Peru enacted Law No. 32542, published on 31 December 2025, extending the value-added tax (VAT) exemptions for specified goods and services under Appendixes I and II of the VAT law until 31 December 2028. The extension is intended to support key

Peru has extended tax incentives for scientific research, technological development, and technological innovation under Law No. 32539, published on 31 December 2025. The legislation continues the benefits previously established by Laws No. 30309