Form, term and conditions are established for submission of the final beneficiary statement 14.11.2019 | As we have been commenting on our ECOVIS Alert, SUNAT was about to publish the Superintendency Resolution that establishes the form, term, and conditions for the presentation of the declaration of the final beneficiary.
Equal pay 14.11.2019 | Does your company already have a salary policy? - From July 1 of this year, the National Superintendency of Labor Inspection - SUNAFIL, will begin monitoring compliance with the obligations on equal pay to medium and large companies and, from December 1, 2019 to the micros and small businesses (MYPES).
Tax Implications of Bonuses and Promotions 13.11.2019 | We continuously observe that the business sector uses, interchangeably, Bonuses and / or Commercial Promotions; modalities that, although they intend to retain and increase sales, they also have different tax treatments. Recognizing the importance of correctly applying one and / or other commercial strategy, we will then develop the tax treatment related to Income Tax and the General Sales Tax for Bonuses and Promotions.
Worker safety and health 13.11.2019 | Law No. 29783, Law on Occupational Health and Safety, aims to promote a culture of occupational risk prevention in the country. It applies to all economic and service sectors that includes all employers and workers of the private sector labor regime throughout the national territory, workers and public sector officials, workers of the Armed Forces and the National Police of Peru, already self-employed.
Fiscal court and excess of powers 05.09.2017 | Pursuant to Resolution No. 05359-3-2017 and payments on the account of income tax. In principle, we recall that on October 30, 2015, through the Official Gazette "El Peruano", the Cassation relinquished in file No. 4392-2013 (hereinafter "the Cassation"), issued by the Chamber Of Constitutional and Social Right of the Supreme Court of Justice of the Republic. This pronouncement generated much controversy about the legal nature and essence of the tax advances, specifically, the payment on account of Income Tax (IR).
Tax treatment of losses by uselessness of baskets used in the production or marketing process 07.02.2017 | Gary Salazar Paz1 Nowadays, we observe that in Tax Administration’s control processes, taxpayers cannot prove the tax deduction originated by the registration of the expense of the baskets (for breakage or wear among others), resulting in the imposition of sanctions by the Tax Administration. Those sanctions may be avoided if we generate a procedure according…
Late payment and the right to reasonable time, is it a solved problem? 13.01.2017 | Gary Salazar Paz1 On September 21st, the Peruvian Constitutional Court (hereinafter “Tribunal Constitucional” or “TC”) published the Constitutional Court’s Judgment related to the File No. 04082-2012-PA/TC (hereinafter “STC”), regarding a petition of amparo filed by Emilia Rosario del Rosario Medina de Baca, against the Peruvian Tax Authority (hereinafter “Superintendencia Nacional de Aduanas y de Administración…
Approximation of the peruvian tax authority to payments on the income tax account 13.01.2017 | Gary Salazar Paz1 I. Cassation N. 4392-2013 and the Binding Precedent On October 30th, 2015, the Official Newspaper “El Peruano” published the Cassation related to the file No. 4392-2013 (hereinafter “the Cassation”), issued by the Constitutional and Social Law Chamber Standing of the Supreme Court of Justice of the Republic. This pronouncement generated much controversy…
About the right of the effective judicial protection in Peru: A brief review of judgment No. 04082-2012-PA/TC and the non-application of capitalized and arrears interest in tax matters 13.01.2017 | Gary Salazar Paz1 I. Introduction Through this essay, we will briefly share our opinion on the right to the effective judicial protection of the administrators and the delay in resolving the resolution bodies in a contentious tax procedure. For this, we will fast explain the ruling of the Peruvian Constitutional Court (hereinafter “Tribunal Constitucional” or…
Registration process of our firm Salazar & Asociados 08.03.2016 | Second but no less important, in the year 2015, we have successfully completed the registration process of our firm Salazar & Asociados, as Company Auditor with the Comptroller General of the Republic (governing body of national control system in Peru in the public sector, made up of more than 4,000 institutions and organizations.) Also we…
