On 7 September 2026, Peru’s National Superintendency of Customs and Tax Administration (SUNAT) released Press Release No. 053-2026 announcing that tax revenues increased by 17.3% in August 2026 compared to the same month in 2025. This marks the twenty-fourth consecutive month of year-on-year growth in tax collections, underscoring the effectiveness of recent compliance measures and economic recovery. The report highlights strong performance across major tax categories, including Income Tax, Value Added Tax (VAT), and Excise Taxes, driven by enhanced enforcement, digital invoicing expansion, and improved taxpayer services. The legal framework supporting this growth includes Legislative Decree No. 1535 on tax administration modernization and Resolution No. 000045-2026/SUNAT implementing the Integrated Electronic Registry System (SIRE). Effective from 1 January 2026, SIRE mandates real-time electronic reporting of purchases and sales, reducing evasion and improving revenue forecasting. The sustained growth reflects a structural shift in compliance culture, with SUNAT’s risk-based audit models and data analytics identifying high-risk sectors such as mining, construction, and digital services. For multinational enterprises, the revenue surge signals a more aggressive audit posture and the need for robust transfer pricing documentation and permanent establishment analysis.
Key Takeaways
- Sustained Revenue Growth: August 2026 tax collections reached a record high, with a 17.3% increase year-on-year, extending a 24-month streak of consecutive growth. This performance reflects robust domestic demand, effective anti-evasion controls, and the successful implementation of mandatory electronic invoicing for all taxpayer categories.
- Digital Transformation Impact: The Integrated Electronic Registry System (SIRE) and the expansion of the Electronic Invoicing System (SEE) have significantly reduced compliance gaps. Real-time data exchange between taxpayers and SUNAT enables immediate detection of discrepancies, leading to higher voluntary compliance and faster audit selection.
- Policy Implications for Multinationals: Foreign investors and multinational enterprises operating in Peru should note the strengthened enforcement environment. The revenue growth signals increased audit capacity and a lower tolerance for aggressive tax planning. Companies must ensure their local entities are fully compliant with SIRE reporting, transfer pricing documentation, and beneficial ownership declarations to avoid penalties.
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 Official Announcement