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Peru Clarifies Input VAT Credit for Imports

|Approved Changes|Peru
Peru

The Peru tax authority (SUNAT) has published Report No. 151-2019-SUNAT/7T0000 concerning input VAT credits on imports. The report notes that input VAT credits may generally be claimed as long as the payment for the imported goods is considered a deductible cost for income tax purposes. The report clarifies that this condition may be considered met even if such costs are not fully deductible du…

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