- Peruvian Congress delegated powers to Executive Branch to legislate on tax matters
- Legislative Decree No. 1623 amended VAT Law for digital services in Peru
- VAT taxpayers are individuals who contract digital services from nonresidents
- Services are considered consumed in Peru if user’s habitual residence is in Peru
- Digital services include streaming, online storage, social networks, online magazines, etc.
- Intangible goods imported via internet are subject to VAT
- VAT collection agents are nonresident entities providing digital services or goods
Source: insightplus.bakermckenzie.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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