Following the recent announcement of the extension of the collection of a 2% surcharge for all large companies seeking a tax stability agreement, the Minister of Economy, Pedro FranckeHe pointed out that this measure will not scare away investments in our country.
“What has been shown in international experience is that this type of tax treatment does not affect the attraction of investments. To think that that is why a company is going to come or not to Peru (sic) there is no international evidence that indicates that by not charging that surcharge, more investments will come. The attraction of investments will continue to exist ”, he explained.
Francke Ballvé recalled that currently the payment of this surcharge only applies to mining companies, which is why a regulation is being worked on to extend its scope to the entire industry.
“It is difficult to project how many companies will want to pay that surcharge and how much it will be collected. It is a medium and long-term policy because you sign the agreement now and the main impact tends to be greater in terms of long-term collection ”, he noted.
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