The Executive Branch approved Legislative Decree 1521 to update and tighten the rules to which they must abide for the evaluation and approval of tax exemptions, incentives and benefits. Thus, Rule VII of the Preliminary Title of the Tax Code was modified, considering the recommendations of several international organizations such as the OECD, UN and […]
Tag: executive power
Intern contracts extended to 24 months
The government enacted Law 31396, which recognizes pre-professional and professional internships as work experience, in order to benefit students and graduates from universities and institutes. Thus, an important change is generated in the duration of professional practices, given that the law modifies the training modality, extending its duration from 12 to 24 months, explained the […]
They seek to authorize withdrawal of up to 50% of the AFPs to pay debts
After that between 2020 and 2021 the Executive and Legislative Power authorized extraordinary withdrawals of pension funds for members of the Private Pension System (SPP), this year the Congress of the Republic would seek to approve a new availability of AFP funds. And it is that, In just 16 days, at least three bills have […]
Petroperú affirms that HPO’s proposal was the most competitive in the national and international market
Petroperú explained that the Peruvian company Heaven Petroleum Operators, winner of the contract to sell B100 biodiesel, presented the most competitive offer in the local and international market for the eight items that were part of this announcementIts proposal being below those presented by the other three companies that participated in this process for the […]
Executive Branch evaluates proposing changes to the Mining Law
The president of the Council of Ministers, Mirtha Vásquez, reported yesterday that they will propose to the National Society of Mining, Oil and Energy (SNMPE) a series of changes in the General Mining Law to solve conflicts related to extractive activity. “We have frankly told the SNMPE that we would like to propose a series […]
Tax powers will expire at the end of March
The Executive will have 90 days to legislate on economic and tax management, as well as in the fight against tax evasion and avoidance. This after the delegation of powers requested by the Executive Power became official yesterday. Thus, The Government may issue legislative decrees in the measures approved by Parliament until March 27, 2022. […]
They formalize law that delegates powers to the Executive to legislate on tax, fiscal, financial and reactivation matters
Two months after the request of the Executive Power to legislate on tax, fiscal, financial and economic reactivation matters, the Congress of the republic made the Government’s request official through Law 31380, published this Monday, December 27, in the newspaper El Peruano. The norm indicates that its purpose is to strengthen the Government’s actions in […]
Evaluation of the Presidential Administration and Future Prospects, by Milton von Hesse
The main characteristic of the government has been the institutional weakness at the national level created by the very poor selection of people to occupy high public positions that require a specialized professional profile as well as their high turnover. The appointment of questioned persons in some ministries – who had to leave office as […]
Congress blocks taxes on large mining companies
With 96 votes in favor, 18 against and one abstention, the plenary session of Congress yesterday granted the Executive partial powers in tax, fiscal, financial and economic reactivation matters. The term it will have will be 90 days, despite the fact that 120 were requested. The project was supported by Fuerza Popular, Acción Popular, Alianza […]
Blockade in Las Bambas: parties involved delay dialogue
Despite the fact that the president of the Council of Ministers, Mirtha Vásquez, announced that the meeting between officials of the Executive Power, MMG Las Bambas and leaders of communities of Chumbivilcas (Cusco) was going to take place yesterday, it was postponed due to factors that involve each party. Meanwhile, the blockade that began on […]