Peru Considers Repeal of Digital Services Tax: Impact on Foreign Companies and Consumers

• Peruvian Congress considering Bill to repeal tax on Digital Services
• Bill proposes repeal of Legislative Decree No. 1623
• Decree currently governs application of general sales tax and selective consumption tax on digital services
• Key points of proposed bill include elimination of 18% IGV on Digital Services
• Bill would impact services provided by foreign companies such as streaming platforms, apartment rental services, transportation apps, and online digital storage solutions
• Bill is currently under consideration by Peruvian Congress

Source: globalvatcompliance.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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