Job Discussion Forums

[naturegirl321]

http://www.expatperu.com/moderador.php?id_usuario=2


Leaving Peru and Income Tax
If you are on a work, marriage, artist, religion, independent or immigrant visa you have to file tax form. Foreigners who obtained any kind of income during their stay in Peru are obliged to file certain tax forms before leaving Peru, see numbers one and two. (However, there's a loophole for those who are married to Peruvians. Simply tell the border guards that you don't work and you won't be asked for the forms.) Those who have NOT obtained any type of income must see number 3. You must present these at the border before they let you out of the country. You can either file these forms online, or print out a copy. If you file them online, print a copy for your records.

These form must include the income you have received EITHER over the last 12 months OR from the last time you filed the form (left the country). If you have worked for more than one employer, each of them must fill out a form.

1) Formulario virtual 1692. You must ask your employers for a certificado de rentas y retenciones, this says that the employer has paid all your taxes. They must also print and sign the form N�1692 from SUNAT. It expires 30 days after it's signed.

2) Formulario 1492. Ask for the certificado de rentas y rentenciones. And then your employer must sign certificate form N� 1492. The form expires 30 days after it's signed.

3) Formulario 1495. Foreigners who entered Peru with the following visas: artista, religioso, estudiante, trabajador, independent or imigrante and did NOT get any income during their stay in Peru must declare this on form N� 1495 provided by SUNAT.

Income Tax
If you are in Peru, these rules apply to you. You must pay taxes on your income, which includes a large amount of type of revenues ranging from incomes generated by real estate located in Peru, commercial or civil activities developed in Peru, to Internet services provided abroad to clients who use such services in Peru.

If you are "domiciled" in Peru you will have to pay a certain percentage of your income in taxes, see below for exact rates. In addition, if the expatriate is "domiciled in Peru", he or she must not only pay for incomes from Peruvian source, but also for income created anywhere in the world. For instance, an American citizen considered by the Peruvian Tax Authority (SUNAT) to be domiciled in Peru, will have to pay income tax even for incomes produced by real estate properties located in the US.

If you live here, but are NOT "domiciled", you have to pay 30% in taxes. To be considered as "domiciled" in Peru you must filfill one of three conditions.
(i) Expatriates who have lived in Peru for 2 years without being abroad during each calendar year for a total period of more than 90 days.
(ii) Expatriates who have lived in Peru for 6 month and are registered in the Registry of Taxpayers (RUC).
(iii) Expatriates who have lived in Peru for 6 months and have asked their employer in Peru to be considered as being domiciled in Peru.
Note that the effects of "domiciliation" begin to apply the year after the above mentioned requirements have been fulfilled. For example, if you arrive in February 2007 and ask to be put in the RUC, then you will start paying taxes in January 2008. However, if you arrive in November 2007 and ask to be put in the RUC, you will start paying taxes in January 2009.

Furthermore, when an expatriate carries out work in Peru for a company registered off-shore, he or she must pay income tax in Peru.

Categories and Rates
According to Peruvian legislation, revenues are divided into the following categories:
1st category revenues: e.g. income produced by rental lease agreements.
2nd category revenues: e.g. capital gains such as interest from loans and royalties.
3rd category revenues: e.g. income produced by commercial and industrial activities.
4th category: e.g. income produced by independent professionals.
5th category: e.g. income produced by employees.

Generally speaking, 1st, 2nd, 4th and 5th of the categories refer to income produced by individuals who do not act as entrepreneurs. The 3rd category refers to income produced by companies and individuals acting as entrepreneurs.

In the 3rd category, a 30% income tax is applied to net revenues. For the other categories of revenues, there will be different rates that are progressively applied in proportion to the amount of the global net revenue during a calendar year:

Net revenue to 27 UIT (about USD 27,000): 15%
More than 27 UIT but less than 54 UIT (about USD 54,000): 21%
More than 54 UIT: 30%

("UIT". stands for "Unidad Impositiva Tributaria". This is a subjective amount fixed by the government in order to handle payments made to the government.)

[sarahb12345678]

i am very confused (even after reading the expatperu link) ... if i am legally employed in peru and my employer takes out the proper amount of taxes from my salary.... when i leave peru and file these tax forms, will i have to AGAIN pay taxes on my salary?

[naturegirl321]

NO, you don't have to pay them. YOu simply have to DECLARE that you paid them, similar to what they do in the USA:

[traveller]

Good stuff, naturegirl!

I'm proud of you

[naturegirl321]

Just want to clarify that this is for residents, only those who have carne de extranjeria