- 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.
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