The Peru tax authority (SUNAT) recently issued Report No. 000073-2023-SUNAT/7T0000, concerning the treatment of gains or losses resulting from exchange-rate differences from foreign currency loans (debts). In this regard, Report No. 000073 makes reference to Report No. 130-2019-SUNAT/7T0000, concerning the deduction of interest on loans paid to non-residents. As previously reported, and reiterated in Report No. 000073, interest payments to non-residents for loans financing taxable activity are generally deducted in the year recognized, provided that the interest is actually paid/credited by the deadline for the corresponding tax return. If not, interest payments will be deductible in the year actually paid,...