LAW DELEGATING TO THE EXECUTIVE BRANCH THE POWER TO LEGISLATE ON PUBLIC SECURITY AND THE FIGHT AGAINST ORGANIZED CRIME, RESPONSIBLE ECONOMIC GROWTH, AND INSTITUTIONAL STRENGTHENING
Law No. 32527 has been published, delegating to the Executive Branch the authority to legislate on tax matters (among other areas) for a period of 60 calendar days, counted from its entry into force on December 15, 2025. Among other provisions, the following stand out:
First, the Executive Branch is authorized to amend Section 9.3 of Article 9 of the rules governing the Tax Obligations Payment System (SPOT); however, this legislative authorization is expressly limited to regulating only situations involving debts that are due and payable and may not be used to modify the general SPOT regime applicable to micro and small enterprises (MYPEs).
Second, amendments to the Tax Criminal Law (Legislative Decree No. 813) and the incorporation of new provisions are authorized, with the aim of aligning the sanctions regime with the electronic issuance of tax invoices/receipts and classifying new criminal offenses, such as the improper use of SPOT funds and the forgery or alteration of deposit certificates within that system.
Third, amendments to Law No. 29173, relating to the IGV advance collection regime on imports, are authorized to clarify the exceptional cases in which the 10% advance collection rate will apply, linking it to the importer’s risk level and tax and customs compliance record. In addition, “first import” is defined as those transactions derived from the same cargo manifest.
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