- Peru amended its VAT perception regime on imports via Legislative Decree No. 1714.
- The 10% VAT perception now applies in more situations.
- SUNAT can impose the perception based on an importer’s tax and customs risk profile.
- Risk factors include non-filing of tax returns, being classified as a non-operative taxpayer, or first-time imports linked to a single cargo manifest.
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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