Choose Language
China United States United Kingdom South Korea India Pakistan Indonesia Vietnam Canada Japan Argentina France Australia Singapore Egypt

B2B Marketplace | Sign In | Join Free

Peru Import Regs.: Tax regime for services

Discussion of Peru's standards and comprehensive import regulations on warrantees/guarantees, used vehicles, temporary entry, prohibitions, licenses, and more.

Peru Import Regs.: Tax regime for services

Postby bridgat » Tue Nov 18, 2008 6:58 am

Decree Law #945 of December 20, 2003 (modifying Peru's income tax law) and subsequent modifications has changed the treatment of services provided to Peruvian based operations. Previously, services contracted for operations in Peru that were performed outside Peru were taxed at a lower rate than would applied to services performed in Peru. Under the new legislation differential treatment is no longer recognized. The withholding rate applied on income earned from Peruvian sources will now be a uniform rate of 30%. The VAT tax rate of 19% continues to be applied to most services.

Articles 6, 7, 8, 9 of the above Decree Law are the relevant sections changing the previous treatment of services.
Posts: 1180
Joined: Thu Nov 13, 2008 12:51 am

Return to Peru

Who is online

Users browsing this forum: No registered users and 1 guest