Peru has published Resolution No. 000078-2021/SUNAT of 11 June 2021 in the Official Gazette, which amends the tax penalties for small taxpayers with annual net income not exceeding 150 tax units (UIT). The amendments are meant to promote tax return (statement) compliance and provide that the penalties for not filing a return by the deadline will be reduced by 100% if the taxpayer corrects the infraction (files the return) before being notified of the infraction by the tax authority. If the t…