The income and capital gains tax treaty between Peru and the United Kingdom entered into force on 21 January 2026. The treaty, signed 20 March 2025, is the first of its kind between the two countries.

Taxes Covered

The treaty covers Peruvian income taxes imposed under the Income Tax Act (Ley del Impuesto a la Renta) and under the Legislative Decree that creates the Micro and Small Businesses…