Peru published Supreme Decree No. 157-2024-EF in the Official Gazette on 24 August 2024, which contains amendments to the VAT (IGV) and Selective Consumption Tax Law for the implementation of Legislative Decree No. 1623. As previously reported, Legislative Decree No. 1623 introduced new rules for the collection of IGV on services provided by non-domiciled suppliers, through digital platforms, to natural persons that reside in Peru and do not carry on business (B2C). Supreme Decree No. 157-2024-EF clarifies various aspects of Legislative Decree No. 1623, including in relation to certain definitions and other matters pertaining to the application of the new...