The Peru tax authority (SUNAT) has updated its guidance on the general anti-abuse rules (GAAR) with the publication of a catalog of high tax risk schemes. The catalog includes five schemes in particular that imply a potential breach of tax obligations for which the GAAR would apply, including schemes that would lead to an incorrect determination of tax or obtaining an undue tax advantage. These include: Schemes involving the deduction of royalties on trademarks by a company where the registration of the trademarks is allowed to expire and then (re)registered by a shareholder (natural person) that is subject to a...