OrbitaxOrbitax

Peru Relaxes Reporting Requirements for Import and Export Operations Under Transfer Pricing Rules

|Approved Changes|Peru
Peru

Peru has published Legislative Decree No. 1537, which relaxes the reporting requirements in relation to the "sixth method" for transfer pricing involving goods (commodities) with established market prices. The application of the sixth method includes the requirement for taxpayers to report on their import and export operations involving goods with a known price in the international market, loc…

Continue Reading