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Peruvian government plans to raise taxes on the rich and demand VAT from streaming platforms

RIO DE JANEIRO, BRAZIL - The tax reform planned by the Peruvian government will mainly target high-income earners with incomes of more than 300,000 soles (about US$75,500) per year, mining companies with large profits, companies that have multi-million tax debts, and streaming platforms.

This was announced this Wednesday in a public conference by the Minister of Economy and Finance, Pedro Francke, after the Peruvian government requested parliament to grant it legislative powers in tax matters for 120 days to carry out this reform.

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