International Tax

Business Operations in Peru (Portfolio 7288)

Tax Management Portfolio, Business Operations in Peru, No. 7288, contains general information designed to assist foreign investors/businesses in determining the best method of conducting their operations in Peru from both a tax and a general legal perspective.

Description

Tax Management Portfolio, Business Operations in Peru, No. 7288, contains general information designed to assist foreign investors/businesses in determining the best method of conducting their operations in Peru from both a tax and a general legal perspective. The Portfolio describes the forms of doing business in Peru and provides an analysis of the statutory and procedural framework of Peruvian income taxation as it applies to individuals and corporations. In addition to providing a detailed explanation of the Peruvian income tax system, the Portfolio discusses the value added tax, the temporary tax on net assets, the real property tax, the real property transfer tax, as well as corporate, customs, intellectual property, labor, immigration, and foreign investment related law issues.

A guide to the Detailed Analysis is provided by a Table of Contents. The Portfolio’s Worksheets provide access to the most important tax returns for corporations and individuals. A complete list is shown in the Table of Worksheets.

This Portfolio may be cited as Davila and Huaylla, 7288 T.M., Business Operations in Peru.

I. Peru — The Country, Its People and Economy
II. Operating a Business in Peru
III. Forms of Doing Business in Peru
IV. Principal Taxes
V. Income Taxation and Financial Accounting of Resident Corporations
VI. Income Taxation of Nonresident Corporations
VII. Taxation of Branches, Agencies and Other Permanent Establishments
VIII. Taxation of Consortia, Joint Ventures and Business Collaboration Contracts
IX. Taxation of Resident Individuals
X. Taxation of Nonresident Individuals
XI. Estate, Inheritance, Transfer and Death Tax
XII. Inter-Company Pricing
XIII. Special Provisions Relating to Tax-Avoidance
XIV. Avoidance of Double Taxation

Jorge Dávila Carbajal
Partner
Estudio Olaechea

Natali Huaylla Hernandez
Associate
Estudio Olaechea