Peru published Law No. 31380 in the Official Gazette on 26 December 2021, which provides for the delegation of powers to the executive branch for 90 days to legislate on certain tax, financial, and economic reactivation matters. As previously reported, the government submitted a bill in October requesting the delegation of powers for several tax reforms. As approved and published, the final law is more limited in scope than originally requested and provides for the delegation of the following tax and fiscal measures, among others: Modify the Income Tax Law and other rules that regulate Income Tax to: introduce tax...