The decree sets forth requirements a bill must satisfy if it is proposing new tax exemptions or tax benefits.On 22 January 2022, Peru’s President enacted Legislative Decree 1521, which modifies the Peruvian Tax Code rules for enacting tax exemptions and tax benefits. For information on the approval of the President’s request to enact these tax measures, see EY Global Tax Alert, Peru enacts law allowing the President to enact various tax measures, dated 4 January 2022.Legislative Decree 1521 Legislative Decree 1521 requires bills modifying tax exemptions and tax benefits to include the purpose and scope of the proposed tax exemption...