In regulations (Supreme Decree 430-2020-EF, released 31 December 2020), the Peruvian Tax Authority outlined what financial information banks must report to the tax authority, including:
- Account balances and/or accumulated amounts or averages of PEN10,000 or more (approximately US$2,857)
- The type of account
- Information on the account holder (name, ID number, address, place of incorporation (for companies))
- The type of currency in the account
- The account holder’s Tax ID
The regulations are effectiv…