Peru Tax Agency Clarifies Application of Transfer Pricing Rules to General Sales Tax

March 18, 2020, 5:00 AM UTC

The Peruvian National Superintendency of Customs and Tax Administration March 11 posted online a letter clarifying that adjustments made for transfer pricing purposes to determine the market value of services provided between related parties for income tax purposes aren’t applicable for determining general sales taxes (IGV). [Peru, National Superintendency of Customs and Tax Administration, 03/11/20]

Reference:
View Report No. 22-2020-SUNAT/7T0000. View Index.

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