Peru: Country-by-country reporting update

Peru: Country-by-country reporting update

Peru has implemented confidentiality, consistency, and appropriate-use prerequisites pursuant to OECD standards and, in turn, this compliance with OECD standards allows for the automatic exchange of country-by-country (CbC) reports.


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Peru could receive CbC reports submitted to tax authorities in other jurisdictions by multinational groups with a local presence, and no secondary CbC filings would be required (refer to Article 116 of Peru’s income tax regulations). Pursuant to provisions of Resolution 000155-2020, Peru’s tax authority (SUNAT) now must post a statement about this development on its website to complete the formal requirements.

KPMG observation

Taxpayers need to consider how they can timely comply with their CbC reporting obligations—in particular, given the fast-approaching due date for filing an information affidavit with regard to the CbC report for fiscal year 2019.

For more information, contact a tax professional with KPMG’s Global Transfer Pricing Services group in Peru:

Juan Carlos Vidal | +51 (1) 611 3000, ext. 1015 |

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