- Peru’s National Tax Agency introduces exclusions from VAT split mechanism for mining sector
- Resolutions 000121-2025 and 000175-2025 establish new rules
- Transfer of unprocessed metallic minerals outside production centers is excluded from SPOT
- Applies to transfers from tax-benefited zones to other regions
- Exclusion applies if transfers do not originate from taxable sales
- Aims to reduce operational friction and improve cash flow for mining companies
- Maintains tax control over actual commercial transactions
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 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
- Peru Extends Mandatory SIRE Use Deadline for Tax Records to January 2026
