Peru published Legislative Decree No. 1549 in the Official Gazette on 22 April 2023, which extends income tax exemption provided under Article 19 of the Income Tax Act. The income tax exemption is provided for, among others:
- Income of qualifying religious societies or institutions;
- Income of qualifying foundations or non-profit associations incorporated for charity, social assistance, education, cultural, scientific, artistic, literary, sports, political, trade union, and / or housing purp…