Tax Alerts

In the resolution of the Tax Court 02387-01-2023, the transfer pricing adjustment made by SUNAT in a transaction of purchase of goods and spare parts between a Peruvian company and its related parties has been rejected. In this process, it is evident that SUNAT did not accept the application of the Resale Price Method (RPM) proposed by the taxpayer or the adjustment for the geographical market, and additionally excluded three companies from a set of comparables solely because they had operating losses in the year under analysis, for which reason it proceeded to determine the corresponding adjustment by applying the Net Transactional Margin Method (NTM). However, SUNAT did not demonstrate that the expenses associated with the restructuring had a significant impact on the loss for the year under analysis and used financial data from 2013 to support its exclusion, when the study submitted by the taxpayer was based on financial data from 2014.
For this reason, the Tax Court decided to uphold the taxpayer, highlighting the importance for SUNAT to carry out a more exhaustive analysis when questioning a comparable third party with losses, in order to determine whether or not it can be used as a comparable, taking the elements or circumstances that best reflect the economic reality of the operation.

The update of the amount of the Unidad Impositiva Tributaria (UIT) for the year 2024 has an impact on the limits of deductibility for the calculation of taxes, on the value of tax fines and other aspects. Find out the details in the following note prepared by the tax team.

Mientras el Congreso y Ejecutivo no lleguen a un consenso sobre la modificación de la Ley del RUC, la obligación de incluir número de RUC y razón social al publicitar bienes y/o servicios se mantiene vigente, al igual que las sanciones de índole tributaria a las que podría dar lugar el no acatar la medida

Through Tax Ruling No. 000117-2023-SUNAT/7T0000, published on the Tax Authorities web portal on December 28, 2023, the Peruvian Tax Authorities has recently issued new interpretation guidelines regarding the application of the Peru-Chile Income Tax Treaty in an indirect sale of shares issued by a Peruvian company, concluding that Peru is also entitled to tax the capital gain obtained by the Chilean transferor.

A partir del 1 de enero de 2024, rigen modificaciones que inciden en la determinación de los intereses aplicables a las devoluciones de pagos de tributos que efectúa el fisco peruano, así como en el cómputo de las multas tributarias exigibles. Conoce los detalles en la siguiente nota preparada por el equipo tributario.

Aprueban normas reglamentarias y complementarias necesarias para la aplicación del Decreto Legislativo 1535, dispositivo que en el 2022 instauró el sistema de Perfiles de Cumplimiento Tributario en sustitución del Régimen de Buenos Contribuyentes.