Peru published Supreme Decree No. 054-2024-EF in the Official Gazette on 18 April 2024, which approves the regulations for the additional deduction benefit for employing young employees as introduced by Law No. 31828 of 2023. The benefit allows companies that employ new young employees to deduct an extra 50% of the basic remuneration paid to the new employees for the purpose of determining income tax for the years 2024 and 2025. Conditions for the benefit include: The employee is at least 18 years old and no older than 29 at the time of hiring; The employee must not be registered...