Peru has published Resolution 066-2020/SUNAT of 31 March 2020 in the Official Gazette. The Resolution provides for a reduction in the interest rate for outstanding tax debts and for refunds of excess tax paid. The rate reductions are due to a reduction in the reference rate by the Central Reserve Bank of Peru in response to COVID-19. For outstanding tax debts, the default interest rate is reduced to 1.0% per month for tax debts denominated in Peruvian sol (PEN) and to 0.5% per month for tax debts denominated in foreign currency. For refunds of excess tax paid, the refund interest...