Interviews & Viewpoints | OBG talks to Esteban Chong, Senior Partner, PwC Peru from The Report: Peru 2014
The informal sector has been a large obstacle to tax collection in Peru. What is the best way forward?
Articles & Analysis | Paying their dues: An overview of the Peruvian tax regime from The Report: Peru 2014
CORPORATE INCOME TAX: Companies incorporated in Peru are considered domiciled entities for income tax purposes and, therefore, subject to income tax at a rate of 30% on net taxable income determined on a worldwide basis. Branches, agencies and permanent establishments incorporated in Peru of non-...
Interviews & Viewpoints | OBG talks to Marivic Españo, Chairperson and CEO, Punongbayan & Araullo from The Report: Philippines 2014
In what ways can the tax system be prepared for the impending economic integration of ASEAN?
Articles & Analysis | An eye on accounts: Details of the tax code from The Report: Philippines 2014
Taxes in the Philippines are imposed at the national and local levels. At the national level, taxes are levied and collected pursuant to the National Internal Revenue Code, the Tariff and Customs Code, and several special laws. There are four main types of national internal revenue taxes: income, indirect (value-added and percentage taxes), excise...
Over the past decade Peru has seen a period of transformative growth, effectively positioning it as one of the leading economic performers in Latin America. Posting growth rates in excess of 6% from 2010-12, the economy expanded by a further 5.1% in the first half of 2013.