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Peruvian Law Amends VAT Rate for Micro and Small Businesses in Tourism Industries

  • Law No. 32219 amends Law No. 31556 regarding VAT rates for micro and small businesses in certain industries
  • General sales tax rate set at 8 percent for 2025 and 2026, and 12 percent for 2027
  • Law published in the Peruvian Official Gazette on Dec. 29, 2024

Source: news.bloombergtax.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.

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