Within the framework of the delegation of powers in tax matters granted by Congress to the Executive, the Minister of Economy and Finance, Oscar Grahamsaid this Wednesday that the customs crimes that are about 20 years old and are already out of date are being updated and modified.
“There we are determining the minimum amounts on which the processes are going to be prosecuted, we are going to determine with the storage time of the seized merchandise, all this with the purpose of facilitating the intervention of the customs authority, because there have been many changes. The standard has been in force for more than 20 years.”, said the minister at the press conference of the Presidency of the Council of Ministers (PCM).
At another point, Graham mentioned that they are “determining the sixth method for calculating related companies, which implies that when a foreign company with a subsidiary in Peru has a method referring to international markets, such as the London or Shanghai market”.
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Strengthening microfinance institutions
The head of the MEF also pointed out that there is a norm that was approved today, such as Emergency Decree No. 037 on asset strengthening for microfinance institutions, in which the acceptance of the presentation of this program was extended until April 30 of this year. .
“We are also extending the flexibility of the capital ratio used by the financial system until March 2023. This is to allow a more orderly and gradual recovery of the companies in the financial system and not generate stress”, he specified.
