- Peru introduced a new tax measure under Legislative Decree 1623
- An 18 percent General Sales Tax is imposed on services from foreign digital platforms such as Netflix, Temu, and Airbnb
- Starting October 2024, these platforms must collect, declare, and pay the tax
- If platforms do not comply, payment facilitators like Peruvian banks and telecoms will handle the tax responsibilities
- Further regulations by the Peruvian tax agency may affect the obligations of payment facilitators
Source: taxand.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 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
- Peru Extends Special VAT Credit to San Martín, Aligning with Other Amazonian Regions
- SUNAT Extends Discretionary Sanction Policy for SIRE Compliance
