This chapter contains an overview of the tax framework in which local and foreign investors operate. It also contains an interview with Kenneth Macfarlane, Country Senior Partner, PwC.
Although the sultanate’s petroleum wealth has traditionally provided a backbone for growth, efforts are well under way to diversify away from hydrocarbons. Oman Vision 2020 has laid out plans to boost industrialisation within the sultanate and to encourage the private sector to take a more active role in the economy and in the provision of jobs, both of which are billed as key drivers for growth.
Interviews & Viewpoints | Esteban Chong, Senior Partner, PwC Peru: Interview from The Report: Peru 2015
Articles & Analysis | A summary of the tax laws affecting businesses and individuals from The Report: Peru 2015
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-domiciled companies or entities are...
As part of an overview of the Peruvian tax regime, this chapter covers areas of particular interest to investors such as corporate and individual income tax, stability agreements, tax exemptions and pension fund contributions.
This chapter contains an interview with Esteban Chong, Senior Partner, PwC Peru.
Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.