OrbitaxOrbitax

Peru Sets Tax Unit Value for 2021

|Approved Changes|Peru
Peru

Peru has published in the Official Gazette the decree setting the tax unit value (Unidad Impositiva Tributaria - UIT) for 2021, which is increased from PEN 4,300 to PEN 4,400. The UIT is used for a variety of tax-related purposes, including in relation to individual income tax brackets and deductions, real estate property and transfer tax, technical service fee payment reporting (otherwise hig…

Continue Reading