New regulations for purchasers of digital services B2C and withhold general sales tax Following the 1 December 2024 imposition of VAT withholding tax obligations on buyers of digital services from non-resident providers, Peru’s tax authorities have published new compliance regulations which come into effect on
Reduction in VAT rates for accommodation, restaurants and hotels The Peruvian Congress has agreed a temporary reduction in the Value Added Tax rate on tourism and hospitality. This includes: Hotel and similar accommodation Restaurant and café services Catering services The rate will be reduced from
Peru completes rollout of mandatory B2C & B2C invoices The last phase of the implementation of e-invoices in Peru completed on 1 June 2022. Peru’s tax authority, SUNAT (Superintendencia Nacional de Aduanas y de Administración Tributaria), introduced Electronic Payment Receipt, CPE, e-invoicing in 2010, and mandated
Inflation hits 26-year high at 6.8% in March 2022 Peru’s Congress has zero-rated the sale and import of a range of foodstuffs as inflation hits some of the highest levels seen in three decades. This will be in place between 2 May until 31 July
Peru’s tax authority, SUNAT (Superintendencia Nacional de Aduanas y de Administración Tributaria), introduced Electronic Payment Receipt, CPE, e-invoicing in 2010, and mandated it for all taxpayer above 75 UIT annual turnover in 2017. New requirements were introduced on 1 April 2021 for small taxpayers, but
Peru has yet to impost its Value Added Tax on digital or electronic services provided by non-resident sellers or marketplaces. B2B domestic supplies of e-services are already liable to VAT. B2B supplies from abroad to resident businesses may be zero-rated under the reverse charge mechanism.
