On 28 September 2020, Peru’s Executive Power issued Supreme Decree No. 285-2020-EF, extending from 30 September 2020 to 31 December 2020, the deadline for taxpayers to apply for the new deferral and installment payment regime for tax debts.The regime was established in Legislative Decree 1487 on 9 May 2020, and applies to the following tax debts:Any tax debt (e.g., income tax, value-added tax (VAT), customs tax, etc.) that is due at the time the taxpayer files an application for the new regimeAdvanced income tax paymentsFines accrued up to the time the taxpayer files an application for the new regimePending payments of previous deferrals of...