The Peru tax authority (SUNAT) has published Report No. 130-2019-SUNAT/7T0000 concerning the deduction of interest on debts paid to non-residents in relation to the provisions of sub-section a.4) of Article 37 the Income Tax Law. Sub-section a.4) was introduced by Legislative Decree No. 1369 with effect from 1 January 2019 and provides that royalties, service and technical assistance fees, and other similar payments paid to non-residents may be deducted in the year they are accrued, provided that they are actually paid by the deadline for the tax return corresponding to that year. If not deducted in the year they are...