In Peru, the main national taxes are administered by the National Superintendence of Customs and Tax Administration (SUNAT). These include the General Sales Tax (IGV), Income Tax (IR), Selective Consumption Tax (ISC), Financial Transactions Tax (ITF), and customs duties applicable to the importation of goods.
There are also taxes administered by local governments, such as property tax, real estate transfer tax, and vehicle property tax.
General Sales Tax (IGV)
The General Sales Tax (IGV) taxes the added value in the sale of goods, the provision or use of services, construction contracts, the first sale of real estate made by builders, and the importation of goods.
The applicable rate is 18% on the taxed transaction. For 2026, this rate is composed of 15.5% IGV and 2.5% Municipal Promotion Tax (IPM). This composition may vary gradually in the following years, so it is recommended to verify the current information with SUNAT.
Income Tax
According to the Income Tax Law, income is classified into five categories:
First category:
Income from the rental, sublease, and transfer of movable or immovable property.
Second category:
Capital income not included in the first category, such as interest, royalties, dividends, and capital gains.
Third category:
Income from commerce, industry, services, and other business activities considered by law.
Fourth category:
Income obtained from independent work.
Fifth category:
Income obtained from dependent work, such as wages, salaries, and other labor compensation.
Selective Consumption Tax
The Selective Consumption Tax (ISC) is an indirect tax applied to certain goods and services. It applies, among other cases, to products such as fuels, alcoholic beverages, and cigarettes.
The applicable rates or amounts vary depending on the type of taxed good or service, so they should be reviewed in the current regulations and in the tables published by SUNAT.
Financial Transactions Tax (ITF)
The Financial Transactions Tax (ITF) applies to certain transactions carried out in national or foreign currency, such as debits and credits in accounts within the financial system.
The current ITF rate is 0.005% of the value of each taxable transaction. This tax may be deductible for Income Tax purposes, according to the conditions established by tax regulations.
Customs Duties
Customs duties tax the importation of foreign goods into the country and are calculated based on the CIF value of the import. The current tariff structure includes three levels: 0%, 9%, and 17%, with a total of 7,351 tariff lines, distributed as follows:
| Number of tariff items |
Ad-valorem + surcharge tariff levels |
Proportion % |
| 3943 |
0% |
35,6 |
| 2616 |
9% |
35,6 |
| 792 |
17% |
10,8 |
There are also other taxes applied by the central government such as: temporary tax on net assets (ITAN), tax on the sale of milled rice and fees for the provision of public services and tax on the sale of milled rice.
Taxes Applied by Local Governments
Property tax: taxes the value of urban and rural properties. Its collection, administration, and supervision correspond to the district municipality where the property is located.
Real estate transfer tax: taxes the transfer of ownership of urban or rural real estate, according to the conditions established by municipal regulations.
Vehicle property tax: taxes the ownership of certain vehicles during the years established by law.
In addition, there are other municipal taxes, such as the tax on games and the tax on non-sporting public shows.
