The National Superintendency of Customs and Tax Administration (SUNAT) reported that the collection in November reached S / 13,034 million of Net Central Government tax revenues (discounting tax refunds). This amount is 27.9% higher than what was registered in November 2019. The General Sales Tax (IGV) it had a collection that amounted to S / […]
Tag: Income tax
Pedro Francke on the rental rate: “Our measure does not increase the payment of taxes, but rather reduces it”
The head of the Ministry of Economy and Finance (MEF), Pedro Francke, reported, this last Friday, November 12, that an adjustment to the tax on real estate rentals (currently 5%) does not increase the payment, but will reduce it. During his presentation to the Working Group on the Expansion of the Tax Base, Evaluation and […]
Income tax: what is it, what are its categories and how to calculate them?
At Peru, Income tax (IR) is applied to all earnings obtained from a job or from the exploitation of capital, whether from real estate (houses, apartments and land) or furniture (vehicles, machinery, artifacts ). This tribute is paid to the National Superintendency of Tax Administration (Sunat) once a year. Find out below what their categories […]
Income tax on property rentals of up to S / 2,566 would be eliminated
One of the tax reform measures that the Executive would implement – if it obtained legislative powers – will be to adjust the first category income tax (IR), which levies rents at a rate of 5% for each transaction. In this sense, the Ministry of Economy and Finance (MEF) proposes that the first category income […]
Sunat: October collection registered growth of 31.5%
According to the National Superintendency of Customs and Tax Administration (call), in October 2021 the collection was S / 11,214 million of net Central Government tax revenues (discounting tax refunds), which represents an increase of 31.5% and 14.5% over the same amount collected month in 2020 and 2019, respectively. The entity pointed out that in […]
Opinion on powers in tax matters could be ready in two weeks
The Economic Commission of the Congress of the republic It would have ready in two weeks the opinion referring to the bill where the Executive Power is given legislative powers in tax, fiscal, financial and economic reactivation matters, as estimated by the President of Parliament, Maria del Carmen Alva. “All the bills that come from […]
IMF will deliver this Friday a report on a new mining tax in Peru
The Minister of Economy and Finance, Pedro Francke, announced that the first report of the International Monetary Fund (IMF), aimed at providing advice to Peru on a new mining tax, will be delivered this Friday, October 29. During the press conference, where he presented the reform package in the company of the heads of the […]
BCRP: income tax collection grew 62% in September
The Central Reserve Bank of Peru (BCRP) reported that the collection of the income tax (IR) It grew 62% in September 2021 compared to the same month in 2020 and 30% compared to 2019. “This occurs mainly due to higher payments on account of domiciled legal entities and, to a lesser extent, natural persons,” explained […]