In regulations (Supreme Decree 430-2020-EF, released 31 December 2020), the Peruvian Tax Authority outlined what financial information banks must report to the tax authority, including:Account balances and/or accumulated amounts or averages of PEN10,000 or more (approximately US$2,857)The type of accountInformation on the account holder (name, ID number, address, place of incorporation (for companies))The type of currency in the accountThe account holder’s Tax IDThe regulations are effective as of 1 January 2021. Now that the regulations are effective, banks must begin reporting the requisite information monthly._____________________________________________________________________________________________________________For additional information with respect to this Alert, please contact the following:Ernst & Young Asesores S.C.R.L, LimaRoberto...