Peru VAT / Sales Tax
Detailed vat / sales tax rates and rules for Peru in 2026.
Peru levies an 18% value-added tax called IGV (Impuesto General a las Ventas), composed of 16% national IGV plus 2% Municipal Promotion Tax (IPM). Most goods and services are subject to the full 18% rate. Exports are zero-rated. Exempt goods and services include financial services, insurance, first sale of residential properties, education, and cultural events. Peru requires foreign digital service providers to register and collect IGV. Monthly returns are mandatory.
Standard Rate
18%
Registration Threshold
All businesses performing taxable activities must register. Small businesses may use the RUS (Régimen Único Simplificado) for simplified compliance.
Reduced Rates
How Peru VAT / Sales Tax compares
Peru’s standard VAT / sales tax rate of 18% is the 53rd highest of 203 countries TaxAtlas tracks, above the global average of 13.7% and South America’s regional average of 16.4%.
