Peru Plans ‘Solidarity’ Tax Measures as Virus Spending Grows (1)

Peru’s President Martin Vizcarra said the government is readying proposals to adjust tax legislation as it grapples with the coronavirus pandemic, signaling the wealthy may need to pay more into state coffers.

The government plans to ask Congress for permission to change laws in the area of taxation and finance, Vizcarra said in a news conference Thursday. While he didn’t give any details, he said it’s important that “those that have most show solidarity with those that have least.”

Obtaining delegated legislative powers from Congress would allow the government to fast-track changes by avoiding a lengthy process of debates and ...