Peru growth rate in 2023
January 2023GDP growth in 2023 will reach an estimated 2.4 percent, led by primary sectors and services.
Peru Corporate Tax 2017
January 2017Starting January 1, 2017 the new corporate income tax rate in Peru is increased from the previous 28% rate to 29%.
Peru 2015 Tax Update
January 2015Starting January 1, 2015 the corporate income tax rate in Peru is reduced from 30% to 28%.
The tax withholding rate for payment of dividends is increased from 4.1% to 6.8%.
Peru Mexico Tax Treaty
March 2014The 2011 double tax treaty which was signed by the two countries entered into force on February 19, 2014.
According to the tax treaty the tax withholding rate for payment of dividends is 10%/15% depending on the percentage of holding by the recipient.
The tax withholding rate for payments of interest and royalties is 15%.
The tax treaty will apply starting January 1, 2015.
Peru's New 18% V.A.T. Rate
March 2011Starting March 1, 2011 the new V.A.T. rate in Peru is 18% compared to the previous 19% rate.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
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