The temporary exemption from capital gain tax (CGT) for transfers of securities carried out through the Lima Stock Exchange (LSE) has been extended until 31 December 2023 and additional requirements have been included to qualify for the exemption.On 30 December 2022, Peru’s President enacted Law 31662 amending the temporary tax exemption for capital gains derived from the transfer of securities through the LSE.BackgroundIn 2015, Peru enacted Law 30341, which temporarily exempts from CGT the transfer of securities listed and traded through the LSE until 31 December 2022, if the below requirements are met:Securities must be listed and traded through the...