The Peru tax authority (SUNAT) has published Report No. 130-2019-SUNAT/7T0000 concerning the deduction of interest on debts paid to non-residents in relation to the provisions of sub-section a.4) of Article 37 the Income Tax Law. Sub-section a.4) was introduced by Legislative Decree No. 1369 with effect from 1 January 2019 and provides that royalties, service and technical assistance fees, and other similar payments paid to non-residents may be deducted in the year they are accrued, provided…