Skip to content
How a Leading Pharmaceutical Company Unified Tax Operations with OrbitaxHow AMG Brought Pillar Two Compliance In-House with Orbitax
EYEY

Peruvian Tax Authority rules merger between nonresident entities triggers indirect transfer of Peruvian shares

|Tax Alerts, Legislation & Policy, National/Federal Taxation|Peru
Peru
  • The Peruvian Tax Authority considered whether a merger by absorption between nonresident entities in which the absorbed entity is the indirect shareholder of a Peruvian entity has tax consequences in Peru.
  • The Tax Authority ruled the merger triggers an indirect transfer of Peruvian shares.

In Ruling 000076–2023, published on 13 June 2023, the Peruvian Tax Authority determined that a merger between nonresident entities in which the absorbed entity is an indirect shareholder of a Peruvian entity tri…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.