A new 12% tax will apply to income from online gaming and sports betting conducted on digital platforms. Peruvian entities may consider the tax paid as a deductible expense for income tax purposes.On 13 August 2022, Peru enacted Law 31557 establishing rules for online gaming and sports betting that are conducted on digital platforms and introducing a new tax applicable to those business activities.Law 31557Law 31557 applies to Peruvian legal entities and branches of nonresident entities engaged in the business of online gaming and sports betting conducted on digital platforms.The tax applies to the difference between the net monthly income...