The National Superintendency of Customs and Tax Administration (Sunat) reported that the annual tax collection corresponding to 2021 amounted to S / 139,952 million, exceeding by more than S / 13,000 what was projected in the multi-year macroeconomic framework; thus reaching a tax pressure that would reach 16.1%, the highest in the last 7 years. […]
Tag: Income tax
Independent workers with incomes of up to S / 3,354 will not pay income tax
The National Superintendency of Customs and Tax Administration (Sunat) reported that independent workers (fourth category) who issue receipts for fees and receive monthly income that does not exceed S / 3,354, will not be required to make payments for Income Tax (IR). This change is due to the increase in the value of the Tax […]
Sunat approves schedule to present annual income tax return for 2021
The National Superintendency of Customs and Tax Administration (Sunat) approved today the expiration schedule, forms and other provisions for taxpayers to comply with the timely presentation of the Annual Tax Return of Income Tax 2021 and Transaction Tax Financial (ITF). Thus, the maturity schedule for the presentation of the Annual Income Statement 2021 It begins […]
Executive approves giving tax benefits to the aquaculture, forestry, wildlife and tuna sectors
The Executive Power today approved granting tax benefits to the aquaculture, forestry, wildlife and tuna sectors. This, within the framework of the powers delegated by the Congress of the Republic, was reported by the head of the Ministry of Economy and Finance (MEF), Pedro Francke. In detail, aquaculture companies, forestry and wildlife with net income […]
Sunat approves schedule for 2022 tax return
The National Superintendency of Customs and Tax Administration (Sunat) approved today the schedule of monthly expirations for the declaration and payment of tax obligations corresponding to the year 2022, which is It will start on February 14 next. The resolution, published in the official gazette A Peruvian man, establishes the expiration dates, according to the […]
Congress denies the Executive the tax powers in the mining field
With 96 votes in favor, 18 against and 1 abstention, the Plenary of the Congress of the Republic approved the bill that delegates to the Executive Power, the power to legislate on tax, fiscal, financial and economic reactivation matters. The replacement text approved by the Plenary does not fully include the tax reform proposed by […]
Income Tax Collection grew 49.7% in November
The Central Reserve Bank of Peru (BCRP) reported that income tax collection grew by 49.7% between November 2020 and 2021 (23.1% compared to November 2019), mainly due to higher payments to count of legal persons. In detail, the collection of personal income tax increased by 33% percent compared to November 2020 (22.9% compared to the […]
Those who earn over S / 300,000 per year would pay an additional 5% income tax
The Vice Minister of Economy Alex Contreras explained, in an interview for La República, the Executive’s proposal to increase income tax (IR) rates for those taxpayers who receive more than S / 300,000 per year, with an estimated maximum of 5%, which it would be a marginal section due to the excess. “In other words, […]
Tax reform is progressive and seeks a more equitable collection, according to international experts
This week, international experts presented to the technical team of the Ministry of Economy and Finance (MEF) their evaluation of the request for legislative powers in tax matters presented by the Executive Power to the Congress of the republic. The conclusion is that the proposed measures aim to improve the progressiveness of the Peruvian tax […]
Sunat: income tax collection in Peru amounted to S / 4,164 million in November
The National Superintendency of Customs and Tax Administration (Sunat) reported that the income tax (IR) in November collected S / 4,164 million. This result represents higher payments on account of the third category Income Tax of the general regime and the mype tax regime that increased together by 41.9%, compared to November 2020. They also […]