Peru has published Legislative Decree No. 1381, which includes the introduction of the concept of non-cooperative jurisdictions and preferential tax regimes and certain other measures. The Decree is generally effective from 1 January 2019
Non-Cooperative Jurisdictions and Preferential Regimes
One of the main measures of the Decree is a change in the scope of the transfer pricing rules to include:
- Transactions made with non-cooperative jurisdictions; and
- Transactions made with persons wh…