Amendments to Peru’s VAT Perception Regime
This Legislative Decree introduces substantive amendments to Peru’s VAT (IGV) Perception Regime applicable to imports for domestic consumption, with the purpose of incorporating and clarifying exceptional cases in which a 10% perception rate applies, based on the importer’s risk level and tax and customs compliance history.
Specifically, the circumstances that trigger the application of this percentage are broadened, including the lack of registration or submission of a Taxpayer Identification Number (RUC), the first import associated with the same cargo manifest, the failure to file tax returns or pay taxes for certain periods, and the status of being a taxpayer with limited operational capacity as determined by SUNAT (the Peruvian tax authority). Furthermore, aspects related to the scope of the regime, excluded transactions, the determination of the withholding amount, the applicable exchange rate, and the timing of SUNAT's withholding are clarified.
Effective Date: March 2, 2026
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