On 2 August 2018, Peru's Ministry of Finance published Legislative Decree No. 1369, which includes amendments in relation to deductions for royalties and service fees paid to non-residents. Under current rules, such payments may be deducted in the year they are accrued, whether they were actually paid or not. The amendment provides that royalties and service fees paid to non-residents may still be deducted in the year they are accrued, provided that they are actually paid by the deadline for the return corresponding to that year. If not deducted in the year they are accrued as above, such payments may...