Tax
From The Report: Peru 2015
View in Online Reader

As part of an overview of the Peruvian tax regime, this chapter covers areas of particular interest to investors such as corporate and individual income tax, stability agreements, tax exemptions and pension fund contributions.

This chapter contains an interview with Esteban Chong, Senior Partner, PwC Peru.

Articles from this Chapter

Overview

The going rates: A summary of the tax laws affecting businesses and individuals
OBG
plus

Corporate Income Tax Companies incorporated in Peru are considered domiciled entities for income tax purposes and, therefore, subject to income tax at a rate of 30% 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 30% on their Peruvian-sourced income only. To comply with their annual income tax liability, these entities should make monthly advanced…

Interview

Esteban Chong, Senior Partner, PwC Peru: Interview
OBG
plus

Interview:Esteban Chong Is Peru’s tax regime attractive to foreign investors? ESTEBANCHONG: Peru’s taxation regulations are frequently amended and investors may lack confidence in tax costs. For example, since 2011 mining companies have been subject to additional taxes, such as royalties and the special mining tax, as well as corporate income tax. Recently, tax exemptions have been limited to three years from the moment they enter in force and firms that were in a pre-operative…