- Peru has introduced new VAT rules for digital services and online purchases
- The government enacted Legislative Decree No. 1623 on 2 August, 2024
- The new rules target business-to-consumer transactions for digital services
- Non-domiciled suppliers must register with Peru’s single taxpayer registry and pay the tax within 10 business days
- Payment facilitators will be responsible for collecting the tax if suppliers fail to comply
- The new rules will take effect upon the issuance of a supreme decree, expected within 30 days
- Non-domiciled suppliers must begin withholding IGV from 1 October 2024
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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