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November 3, 2021 Peru’s President asks Congress for power to enact different tax measures If approved, taxpayers should monitor the release of future guidance. On 27 October 2021, Peru’s President asked Congress for the power to enact different tax measures. If Congress approves the request, the President would be able to enact provisions that would do the following: Income tax law
Mining tax regime
Small companies
Value-added tax (VAT) and excise tax
Tax Code
Other tax measures
_________________________________________ For additional information with respect to this Alert, please contact the following: Ernst & Young Asesores S.C.R.L, Lima
Ernst & Young LLP (United States), Latin American Business Center, New York
Ernst & Young Abogados, Latin America Business Center, Madrid
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific
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