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Peru Extends VAT Exemptions on Essential Goods and Services Until 2028

  • Peru extended VAT exemptions on essential goods and selected services until 2028.
  • The extension applies to transactions listed in Appendices I and II of the VAT Law.
  • The new law (Law 32,542) took effect on 1 January 2026.
  • The law was published in the Official Gazette on 31 December 2025.

Source: regfollower.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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