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Peru Sets Tax Unit Value for 2024

|Approved Changes|Peru
Peru

Peru has set the tax unit value (Unidad Impositiva Tributaria - UIT) for 2024, which is increased from PEN 4,950 to PEN 5,150. The value was set through Supreme Decree No. 309-2023-EF. The UIT value is used for a variety of tax-related purposes, including in relation to individual income tax brackets and deductions, real estate property and transfer tax, technical service fee payment reporting…

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