In October 2023, the regulations of Law No. 31557 were promulgated by the Ministry of Foreign Trade and Tourism (Mincetur), establishing the creation of a tax for online sports betting games. As of April 2024, approximately 50 companies that provide this type of services in Peru began to contribute 12% of their net profits to […]
Tag: Taxes
The pink tax stirs feelings in India, seen as gender prejudice
The additional cost paid by women for products with the same size and quantity with respect to their versions for men, known as the pink tax, stirred feelings in India this Wednesday with a business leader calling for a boycott of products. The invisible tax falls on feminine hygiene items, such as deodorants, disposable razors […]
US launches free platform for tax filing in 12 states
After weeks of testing, taxpayers in 12 states USA You can directly submit your tax return to the Internal Revenue Service (IRSfor its acronym in English) through an electronic platform. The new system, called Direct File, is a free online tool. Taxpayers in select states who have very simple W-2 reports and can claim a […]
Brazil urges the G20 to act “together” so that the super-rich stop evading taxes
The Minister of Finance of BrazilFernando Haddad, urged this Thursday the G20 to act out “together” so that the super-rich stop evading taxes, by creating a global tax on great fortunes, and announced that he will present a proposal to the forum in that regard “Until July”. “Honestly, I wonder how we, Ministers of the […]
From March 1, the ISC on beer will rise S/0.10, confirms the MEF
The Ministry of Economy and Finance (MEF) through supreme decree No. 014-2024-EF, confirmed the modification of the selective consumption tax (ISC) for beer, which will go from the current S/2.31 to S/2, 51 gradually. This way, The update of the ISC in the case of this liquor will be in two tranches of S/0.10 each, […]
Banco de la Nación offers a withdrawal account to pay your taxes: how to request it?
In the Peruvian financial panorama, the National bank stands out as a key entity in operations and transaction management. This entity not only offers loans with various benefits, but also provides a withdrawal account for its users. This instrument, regulated by Legislative Decree 940 and DL 1110, simplifies the payment of taxes for those who […]
Brewers propose that the ISC be applied after the summer
The Beer Chamber of Peru (CCP) proposed that The application of the Selective Consumption Tax (ISC) to alcoholic beverages must be carried out from April and the greatest burden of said tax must be made in the last quarter of the year. Carla Sifuentes, general manager of the CCP, explained that this way will prevent […]
Can my house be repossessed if I don’t pay my taxes?
Every citizen has the responsibility to pay taxes, whether to Sunat or to the municipality of the district where we live. However, sometimes we do not keep our finances in order or perhaps our economic situation is not the best, and we do not cancel them. Debts can accumulate over a long time until reaching […]
Global minimum tax would increase corporate income between 6.5% and 8.1%
The global minimum tax that begins to be applied this year in the European Union (EU) and in countries like United Kingdom, Japan, South Korea either Canadawould increase corporate tax revenues on a global scale by between 6.5% and 8.1%, according to the OECD. The implementation of this initiative, with which the countries and jurisdictions […]
Tax prices will rise in 2024: in which districts and by how much is the increase?
Plan your expenses! The districts of La Victoria, Barranco and San Juan de Miraflores have the largest increases for 2024. See how it will impact your economy. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Sunday, January 7? China launches maritime route that will […]