The Peru tax authority (SUNAT) has issued Resolution No. 014 -2018/SUNAT on the submission of the Local report (file), which was introduced by Legislative Decree No. 1312 and regulated by Supreme Decree No. 333-2017-EF ({News-2017-11-21/A/4-previous coverage}). Main points of the Resolution are summarized as follows:
- The Local file requirement applies for taxpayers whose accrued income in the taxable year exceeded 2,300 tax units (UIT) (~USD 2.97 million), subject to the following condition…