- Peru published a law on VAT and income tax for agriculture effective January 2026. Small producers with income up to 30 UIT are exempt. A 1.5 percent tax rate applies to income between 30 and 150 UIT. Producers exceeding 150 UIT must follow the general tax regime. Accelerated depreciation is allowed for certain infrastructure investments.
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.
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