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Peru Parliament Grants Executive Power to Make Legislative Tax Changes

|Approved Changes|Peru
Peru

Peru's parliament reportedly approved a bill on 19 June 2018 that grants the government the executive power to make changes to tax and financial legislation for a period of 60 days in relation to economic matters, anti-corruption, and others. In relation to taxation, this includes the power to make changes with respect to the definition of Peru-source income, the introduction of anti-abuse rules, the taxation of gains from the indirect alienation of shares, the deduction of expenses, and chan…

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