Tax
From The Report: Peru 2016
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This chapter provides an overview of the Peruvian tax regime, covering areas of particular interest to investors such as individual and corporate income tax, capital gains regulations, stability agreements, Customs regulations and other investor considerations. This chapter contains an interview with Orlando Marchesi, Lead Partner, Tax and Legal, PwC Peru.

Articles from this Chapter

Overview

Paid in full: The ins and outs of tax and Customs regulations
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Corporate Income Tax Companies incorporated in Peru are considered domiciled entities for income tax purposes and are subject to an income tax rate of 28% (2016), 27% (2017-18) and 26% (as of 2019) on net taxable income determined on a worldwide basis. Branches, agencies and permanent establishments incorporated in Peru of non-domiciled companies or entities are subject to income tax at a rate of 28% (2015-16), 27% ( 2017-18) and 26% (as of 2019) on their Peruvian-sourced income only. To comply…

Interview

Progressive compliance: OBG talks to Orlando Marchesi, Lead Partner, Tax and Legal, PwC Peru
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Interview:Orlando Marchesi What are the most important aspects of the removal of the capital gains tax and the fiscal incentives recently introduced to increase liquidity? ORLANDO MARCHESI: The capital gains tax began to be questioned once Peru entered the Latin American Integrated Market. Our partners at the stock exchanges in Bogota, Santiago and Mexico City don’t have this tax, which put Peru at a disadvantage. However, the reason why the tax was quickly removed is that the MSCI global…