On 11 August 2026, SUNAT announced the third public auction of 2026 for 70 seized real estate assets—including land, houses, apartments, and commercial premises—with a combined appraisal value exceeding PEN 10 million (approximately USD 2.7 million). The auction sessions are scheduled for 25 and 27 August 2026 in Lima, conducted under the General Customs Law and the Tax Code provisions governing enforced collection (Cobranza Coactiva). Properties originate from taxpayers who failed to settle determined tax debts despite prior notification, embargo registration in public registries, and the statutory 30-day payment grace period. Minimum bids start at 60% of the appraised value for the first round, descending to 40% in subsequent rounds if unsold.
Key Takeaways
- Accelerated Asset Liquidation: The auction reflects SUNAT’s intensified use of enforced collection powers under Article 48 of the Tax Code, converting illiquid tax receivables into immediate fiscal revenue. Proceeds are applied first to the tax debt, then to accrued interest and procedural costs, with any surplus returned to the debtor.
- Legal Certainty for Buyers: SUNAT issues a judicial award (Acta de Adjudicación) that extinguishes prior liens and encumbrances, enabling the winning bidder to register clean title in the Public Registry (SUNARP) within 15 business days. This legal certainty is critical for attracting institutional investors and financial entities to tax auctions.
- Deterrent Effect on Delinquent Taxpayers: High-visibility auctions serve as a compliance nudge; SUNAT publishes debtor lists and property details on its portal, reinforcing the reputational and asset-loss consequences of persistent non-payment. The agency reported that 2025 auctions recovered over PEN 120 million, a 35% increase versus 2024.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Original Announcement