Peruvian Income Tax: Dividends and Source Income

Dividends from Peruvian companies generate Peruvian source income when paid to a Peruvian corporate entity or a domestically established investment fund.

Peruvian companies distributing dividends to other Peruvian companies are not considered taxable income, but the dividends may be subject to taxation when received by non-domiciled individuals or foreign entities.

Foreign individuals or non-domiciled entities receiving dividends from Peruvian companies are subject to a withholding tax rate of 4.1%, while Peruvian individuals or entities are also subject to the same tax rate.

💼 Rentas de fuente peruana son las generadas en actividades civiles, comerciales, empresariales o de cualquier índole en territorio nacional.

💰 Las rentas generadas por ganancias de capital en la venta de valores son consideradas renta de fuente peruana.

📜 El criterio de vinculación para determinar si una renta es de fuente peruana se basa en que las empresas o fondos que emitieron los valores estén constituidos en el país.

📚 The video discusses the general aspects of income tax in Peru, specifically related to dividends.

💼 Companies and investment funds can be domiciled in Peru, while investment trusts cannot.

💰 Selling shares of a Peruvian company generates income from Peruvian sources, while selling shares of a foreign company does not.

💡 Article 10 of the Income Tax Law discusses the indirect sale of shares or participations in Peruvian companies.

📜 The law states that when shares or participations in a non-domiciled company are sold, if that company owns shares or participations in one or more Peruvian companies, it is considered an indirect sale.

💰 To determine if there is an indirect sale, the market value of the shares or participations in the Peruvian company must be considered.

📈 The value of a company's stocks determines the value of an individual's ownership.

🚀 For indirect sales, the value of the Peruvian company's stocks must be at least 50% of the total value of the company being sold.

💼 If the company has subsidiaries, their value also contributes to the overall value of the individual's ownership.

📊 The video discusses the impact of stock market values on the market value of shares.

💼 The video explains the conditions for indirect sales of shares in Peru and the importance of ownership percentage.

💰 The video mentions additional provisions and presumptions regarding indirect sales of shares.

⭐ The video discusses the two main concepts of digital services and technical assistance in relation to Peruvian income tax.

💡 Digital services and technical assistance are defined by Article 9 of the law and involve the provision of services through the internet and teaching someone how to do something independently.

🌍 If digital services or technical assistance are economically utilized within Peru, there will be Peruvian source income for the service provider.