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Peru Publishes Second Edition of Catalog of High Tax Risk Schemes for GAAR Purposes

|Approved Changes|Peru
Peru

The Peru tax authority (SUNAT) has updated its guidance on the general anti-abuse rules (GAAR) with the publication of the second version of the catalog of high tax risk schemes. The initial version of the catalog included five schemes that imply a potential breach of tax obligations for which the GAAR would apply, including schemes that would lead to an incorrect determination of tax or obtai…

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