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Peru

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Tax authorities

Sunat: Superintendencia Nacional de Aministración Tributaria
(National Superintendency of Tax Administration)
Ave. Garcilazo de la Vega 1472, Lima, Peru
Tel: +511 315 3300
Website: www.sunat.gob.pe

Tax rates at a glance

(As of September 2011) 

Corporate Income Tax 30%
Capital Gains Tax 5%/30%
Branch Tax 30%
 
Withholding Tax
Dividends 4.1%
Interest 30%
Royalties 30%
Technical Assistance 15%
Digital Services 30%
Branch Remittance Tax 4.1%
 
Net Operating Losses (Years)
Carryback 0
Carryforward 4/Unlimited
  • Effective from January 1 2010, capital gains derived by nonresident entities are subject to income tax at a rate of 5% if the transfer is made in Peru. Otherwise, the rate is 30%. Capital gains derived by resident entities are subject to income tax at a rate of 30%.
  • The Dividend Tax, which is imposed at a rate of 4.1% and is generally withheld at source, is imposed on profits distributed to nonresidents and individuals.
  • Withholding tax on interest, royalties, technical assistance and digital services applies to payments to nonresidents.
  • A reduced rate of 4.99% or 1% withholding tax on interest applies to certain interest payments.

Source: Ernst & Young

Tax

Hernández & Cía is a "local powerhouse in legal affairs," says a top competitor. The firm is the permanent local counsel to high profile clients such as Procter & Gamble, Kodak Americas, Compass Group and Prima AFP. Senior partner, founder and head of ... [more]

PwC

In December 2010, Arturo Tuesta and colleagues John Casas and Juan Manuel Salazar of PwC's Peruvian tax practice advised Canada's Scotiabank in its acquisition of Profuturo, a private pension fund. Tuesta, who is the youngest member of the tax team, ... [more]

Rodrigo Elías & Medrano has one of the top tax practices in the Peruvian market and is led by Humberto Medrano. In August 2010, he, Alex Morris and Alex Cordóva successfully advised the Southern Peru Copper Corporation in litigation against the Peruvian ... [more]

Ernst & Young is known by competitors in the Peruvian market for "advising the country's top clients". The firm's superior transfer pricing knowledge is attributed to the high quality work of Marcel Garcia, who is recommended often. Managing partner, ... [more]

Partner Rolando Ramírez Gastón of Estudio Echecopar completed tax advisory work in November 2010 for ground and air cargo services provider Talma SA in its $123 million acquisition of 85% of the Mexican companies Braniff Air Freight and Braniff Transport ... [more]

The tax practice of Estudio Rubio Leguia Normand & Asociados has significant experience in M&A, the design of complex financial instruments and the establishment of investment funds. The firm has maintained its strength in the Peruvian market based on ... [more]

Deloitte's Peruvian tax practice has been led by partner Gustavo López-Ameri since 2005. He specialises in consulting on international tax issues, particularly for telecommunication companies. In 2010 the practice grew by 15% to four partners and 65 ... [more]

Estudio Ferrero Abogados provides tax advice to a large number of mining companies such as Run Peru, Australian company BHP Billiton and Japanese conglomerate Mitsui Mining. Partner Walker Villanueva is praised by competitors for his indirect tax work. ... [more]

Estudio Muñiz Ramírez Pérez-Taiman & Olaya combines its specialised skills with two affiliated companies, MTP Transfer Pricing and MLV Contadores, an accounting firm. Partner Mauricio Olaya Nohra has excellent cross-border structuring and M&A skills.

KPMG has a team of 70 specialists that advise on corporate tax, tax controversy and litigation, capital markets and financial products, transfer pricing and indirect tax. Partner Javier Luque is proficient in corporate and indirect tax and is well known ... [more]

Miranda & Amado – Taxand is a tax practice. of 10 professionals led by Rocío Liu who has more than 17 years of experience in taxation. Liu also teaches tax law at Pontificia Universidad Católica del Perú school of law, Universidad de San Martín de Porres ... [more]

Rebaza Alcázar & De Las Casas has a strong M&A tax practice led by founding partner Alberto Rebaza. Rebaza has emerged as "one of the leading Peruvian lawyers" according to competitors. In 2010 he worked on the sale of Cervesur to Backus breweries, which ... [more]

See also

Peru
Latin America

Firm contact details