Amendment to the First-Category Income Tax
On August 22, 2025, Law No. 32430 was published in El Peruano, amending Article 57 of the Income Tax Law regarding the criteria applicable to first-category income. Thus, as of January 1, 2026, first-category income will be governed by the received-as-received criterion, rather than the accrued-as-received criterion. Although first-category income includes income from the rental of movable and...Read More
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A presumptive assessment cannot be avoided by amending the tax return.
In the case resolved by RTF No. 06619-11-2’25, SUNAT repaid the income tax for the fiscal year under review and the payments on account from March to December of that year by determining the tax liability on a presumptive basis, considering that the taxpayer’s books and records did not accurately reflect its operations. In response to SUNAT’s observations and in order to...Read More
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