The legislative decree eliminates the requirements taxpayers must satisfy to use the value-added tax (VAT) paid on imports as input VAT. It also allows the Peruvian tax authority to open a sales-and-income registry for taxpayers and record their transactions.
On March 26, 2022, Peru’s President enacted Legislative Decree 1540, amending the VAT Law and Tax Code to make it easier for taxpayers to claim VAT paid on imports as input VAT and for the Peruvian tax authority to open a sales-and-income registry on behalf of taxpayers.
Source EY
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