- Peru has established a 1% Excise Tax on online gaming and online sports betting
- Amendments were made to the filing and payment of the Excise Tax and Gambling Tax on these activities
- Legislative Decree 1644 introduced the 1% rate for the Excise Tax applicable to online gaming and online sports betting
- The Decree also introduced amendments to the excise tax and gambling tax
- Online gaming and online sports betting rendered or consumed within Peru is subject to the 1% Excise Tax
- The nonresident provider of online gambling or sports betting services will act as the withholding agent and must file a tax return within deadlines
- Noncompliance by the nonresident provider may result in inclusion on a list of noncompliant entities and withholding by a Payment Facilitator
Source: globaltaxnews.ey.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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