Tax
From The Report: Peru 2012
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Together with PwC, OBG explores and clarifies Peru’s tax system, paying special attention to policies for foreign investors. This section also includes a viewpoint from Miguel Mur, Latin America Tax Leader, PwC.

Articles from this Chapter

Analysis

Tax development: New rules for the economy include indirect transfer of shares, derivative agreements, export of services and rates
OBG
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Over the last 10 years the Peruvian economy has shown a significant upward trend which has been mainly reflected in a sustained year-on-year GDP growth. In 2010, Peru’s GDP increased by 8.8%, ending a decade long period of growth with an average of 5.7%. According to the data and forecasts released by the Central Reserve Bank of Peru, in 2011 the GDP grew by 6.9%. Growth projections for 2012 and 2013 are 5.5% and 6.3%, respectively. It should be noted that, between 2008 and 2009 Peru received,…

Viewpoint

Miguel Mur, Latin America Tax Leader, PwC, on the new tax regime for the mining industry in Peru
OBG
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US magazine Forbes rates Peru as the second best country to do business in Latin America. The rating comes as no surprise considering the excellent growth opportunities that the Andean nation provides, and nowhere is this more true than in the mining industry. Peru boasts an impressive register: it is the world’s largest producer of silver, and within the region it is the leading producer of gold, zinc, silver, tin and lead, and the second-largest supplier of copper and molybdenum. The Peruvian…