Executive proposes tax measures

17 May, 2024

By means of Bill No. 7752/2023-PE, published on May 3, 2023, the Executive Branch requested legislative powers to the Congress of the Republic.

In tax matters, the most novel proposals were:

Implement mechanism for the taxation of the IGV to the digital economy.
To implement the “Entrepreneur Regime”.
To implement the Selective Consumption Tax on vapers.
Establish exceptions in order to accelerate the collection of tax debts.
Improve the Tables of Infractions and Penalties of the Tax Code.
To regulate SUNAT’s automatic access to financial information.
Implement the fractioning of debts with discount bonds.
Modify the Income Tax Law on the deduction of expenses, payments on account, withholdings, among others.