- Law No. 32219 amends Law No. 31556 regarding VAT rates for micro and small businesses in certain industries
- General sales tax rate set at 8 percent for 2025 and 2026, and 12 percent for 2027
- Law published in the Peruvian Official Gazette on Dec. 29, 2024
Source: news.bloombergtax.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
