contacto@vag-global.com

Executive Proposes Tax Measures

17 May, 2024

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

In tax matters, the most novel proposals were:

  • Implement a mechanism for IGV taxation in the digital economy. 
  • To implement the “Entrepreneur Regime”. 
  • To implement the Selective Consumption Tax on vapers. 
  • Establish exceptions 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 to deduct expenses, payments on account, and withholdings, among others. 

 

Source: Proyectos de Ley