Tax News Update    Email this document    Print this document  

October 27, 2020
2020-2564

Peruvian tax authorities announce exchange of tax and financial information with more than 130 countries in 2021

Peru passed the evaluation performed by the OECD and will start implementing the exchange of information under international instruments in 2021.

After passing the confidential protocols evaluation performed by the Organisation for Economic Co-operation and Development (OECD), the Peruvian tax authorities announced on October 21, 2020, that they will start to exchange taxpayers' financial and tax information with more than 130 countries beginning in 2021. The information will be exchanged in accordance with the following instruments:

  • Common Reporting Standard (CRS) of the OECD, which was implemented in Peru through regulations in November 2018
  • Multilateral Convention on Mutual Administrative Assistance in Tax Matters, which entered into force in Peru in September 2018

———————————————

Contact Information
For additional information concerning this Alert, please contact:
 
Ernst & Young Asesores S.C.R.L, Lima
   • Roberto Cores (roberto.cores@pe.ey.com)
   • Ramón Bueno-Tizón (ramon.bueno-tizon@pe.ey.com)
Latin American Business Center, New York
   • Ana Mingramm (ana.mingramm@ey.com)
   • Enrique Perez Grovas (enrique.perezgrovas@ey.com)
   • Pablo Wejcman (pablo.wejcman@ey.com)
 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2024, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement