On 11 October 2022, the Peruvian Tax Administration (SUNAT) published second version of the list of high-risk tax planning schemes regarding the General Anti-Avoidance Rule (GAAR). The updated list contains the following thirteen tax planning schemes:

  • Deduction of royalties for assignment in brand use;
  • Disposal of a Peruvian company through an autonomous estate;
  • Redomicile of a company and use of Double Tax Agreement (DTA);
  • Transfer of trademarks and capitalization of credits;
  • Management contract;
  • Concession assignment contract of an extractive industry with hidden payments in a resolved sale of shares;
  • Sale and subsequent repurchase of the vehicle under the guise of annulment of said sale;
  • Direct disposal of shares of a Peruvian company concealed by a capital contribution and subsequent reduction of this;
  • Transfer of benefits to preferential tax regime;
  • Loan with the appearance of a financial lease;
  • Intermediation in the sale of minerals through a company without economic substance;
  • Indirect distribution of income from a non-profit entity under the guise of payments to a foreign supplier; and
  • Transfers of real estate to the shareholder and its subsequent lease by the latter to the same company.