In order to strengthen the capacity of fiscal agents of the National Superintendence of Customs and Tax Administration of Peru for auditing transfer pricing in the mining sector, the EUROsociAL II program through its operating partner CIAT, hosted from August 11 to 13, 2014, the visit of two experts from the Internal Revenue Service of Chile to Lime Peru.

During the technical sessions, the SII officials covered general topics such as the introduction to the mining industry, and explained how the transfer pricing audits are carried out in the SII. At the same time they shared caseloads and developed real case studies with SUNAT´s audit team.

This consultancy did not only reached SUNAT auditors involved in the extractive industry but also other areas involved in the audit process, as is the case of Claims and the Tax Court, the latter is responsible for resolving disputes as the ultimate administrative instance. From the tax policy perspective, representatives from the Ministry of Economy and Finance also participated in the event.

This specialized consultancy reflects SUNATs need to improve both productivity and performance of their employees as well as the noncompliance of VAT and income tax, since the goal for increasing the tax burden is to reach 18% by 2016 ; and it has thrived as a result of the lawsuit filed by Peru against the EUROsociAL II Program, as part of the Action “Compliance with Tax Obligations” of the “Public Finance” Area, coordinated by the FIIAPP, which operating partners are AEAT of Spain, IEF of Spain and CIAT. From now on, CIAT will follow along with the partners of the EUROsociAL II program, the progress, claims and interests that may arise, in order to move forward on new activities that will support voluntary compliance.

Paula Acevedo, Office of the Deputy Advisory Control and Carolina Céspedes, Head of Transfer Pricing area of SII together with Fernando Becerra, Manager of International Taxation and Transfer Pricing SUNAT.

Participants