- Peru’s Congress approved tax relief measure under Law 32,201 on 26 December 2024
- The measure exempts VAT on fees for international money remittances
- Exemption applies to fees charged to beneficiaries receiving funds from abroad
- Exemption also covers fees to foreign agents or correspondents in these transactions
- The law was published in the Official Gazette on 20 December
- It came into force starting 21 December 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.
Latest Posts in "Peru"
- Peru Publishes Decree Exempting Entities from Sales Tax, Effective October 1, 2025
- Peru Enacts New VAT and Income Tax Benefits for Agricultural Sector Starting 2026
- Peru Exempts Unprocessed Metallic Mineral Transfers from VAT Split for Mining Sector
- Peru Clarifies VAT Early Recovery Regime Scope for Pre-Authorized Services in Investment Projects
- Peru’s Tax Reform: VAT Decrease and IPM Increase to Strengthen Municipal Finances by 2029
