- Peru has introduced Legislative Decree No. 1623 to tax digital services and intangible goods purchased online from non-resident providers
- Non-resident providers must start withholding or collecting VAT from October 1, 2024
- Non-resident service providers must register with Peruvian tax authorities and act as withholding agents for VAT
- Digital services and intangible goods consumed or used within Peru will be subject to VAT
- Specific criteria are outlined to determine when digital services or intangible goods are considered to be consumed or used within Peru
- Failure to comply could result in penalties and additional scrutiny from tax authorities, with responsibility shifting to financial institutions or payment facilitators in Peru.
Source: fonoa.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
