Modifications to the Income Tax Regulation

The Legislative Decree No. 1424 of the Ministry of Economy and Finance (MEF) make it clear that the interests generated by related relationships and also independent relationships until December 31, 2020 are deductible and have a limit for this.

The companies benefited with this are all those that possess annual net incomes of 2,500 UITs or greater than S/. 10,5 million in 2019.

The measure expects to raise 100, 195 and 3,988 million soles of incoming taxes in the years of 2019, 2020 and 2021.

For more information or professional assistance in the subject you can write us at the following emails: omago@omcabogados.com and marketing@omcabogados.com.pe