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Peru and United Kingdom sign double-tax treaty

24 March 2025

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Tax Alerts, National/Federal Taxation, Treaties, Global

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Peru, United Kingdom

On 20 March 2025, Peru and the United Kingdom signed a double-tax treaty (DTT) after nearly two decades of negotiations.The DTT will enter into force 30 days after both countries complete their domestic procedures, including approval by Peru's Congress and ratification by the Executive.The provisions of the DTT are expected to take effect, at the soonest, from 1 January 2026.This treaty is anticipated to enhance cross-border trade and investment, with the aim of offering affected taxpayers greater certainty and stability in their operations within both jurisdictions. On 20 March 2025, Peru and the United Kingdom signed the double-tax treaty (DTT), following...