To date, 16,000 companies have been identified that use invoices when they go to restaurants or supermarkets for personal purchases in order to reduce their tax payments.
Sunat identified alleged non-deductible expenses in around 425,000 electronic invoices for approximately S/20.7 million between January and May of this year.
Along these lines, they launched an orientation campaign with the objective of raising awareness among companies not to include, when calculating their taxes, expenses for personal or family consumption, since they benefit by shortening —irregularly— the payment of VAT and Income Tax, according to the Superintendent of Strategies and Risks of the SunatJose Pena.
“Non-deductible expenses are those related to personal consumption and support of taxpayers and their families that are not related to the business activity, and therefore, do not allow the right to deduct the IGV tax credit and/or are not considered for IR deductions. “These costs are only applicable to sales receipts,” explained Sunat.
That is, invoices are requested when “you go to the supermarket or buy gasoline,” Peña added.
In total, there are about 16,000 companies that benefited from reducing their tax payments by applying non-deductible expenses, which must be repaired or corrected as soon as possible, according to the tax collection agency.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
