Regulations with respect to the amendments introduced to the Income Tax Law in July 2012 were issued by means of Supreme Decree No. 258-2012-EF published on 18 December 2012. The regulations dealt with transfer pricing methods, APAs, CFC rules, tax havens and R&D expenses. For the main amendments concerning tax havens and R&D expenses. The main amendments concerning transfer pricing, APAs and CFC rules are as follows:
| - | New transfer pricing provisions state t… |