Peru's expanding tax treaty network should benefit foreign investors

Latin American Tax Newsalert

Peru has been expanding its use of income tax treaties as instruments to boost investments with its principal trading partners. Recently, Peru expanded its income tax treaty network by signing income tax treaties with Korea, Mexico and Switzerland. A US multinational with investments or operations in Peru should find that the expanding treaty network reduces its cost of business for transactions with companies in the treaty partner countries. THis newsalert highlights some of the potential benefits in these recently signed treaties.

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