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Peruvian Tax Authority establishes procedure for reporting certain information required for claiming the indirect foreign tax credit

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Peru

On 20 March 2020, the Peruvian Tax Authority published Resolution 059-2020 (the Resolution), establishing the procedure taxpayers interested in claiming the indirect foreign tax credit must follow to communicate certain information to the tax authority. The Resolution is effective 21 March 2020.

Background

On 1 January 2019, Peru amended its Income Tax Law to include an indirect foreign tax cre…

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