Tax Update

Law No. 32542

Amends the General Sales Tax (IGV) and Selective Consumption Tax (ISC) Law

The Congress of the Republic approved Law No. 32542, which amends Article 7 of the General Sales Tax (IGV) and Selective Consumption Tax (ISC) Law, in order to extend the validity of the exemptions provided in Appendices I and II.

The rule provides that these exemptions will remain in effect through December 31, 2028.

Effective date: January 1, 2026

To view the full publication, please click the following link: https://bit.ly/4poN19D

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