- Peru extends special VAT credit benefit to San Martín
- Law No. 32317 aligns San Martín with other Amazonian regions
- Companies in San Martín can claim a special credit of 25 percent of gross VAT on sales outside the Amazon
- The adjustment aims to boost economic activity in the region
- Concerns exist about potential misuse and lack of sector-specific safeguards
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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