Regulatory update in connection with the Ultimate Beneficial Owner Disclosure Rules

Resolution No. 000236-2023/SUNAT, published on November 10, 2023, and effective from the next day, has introduced certain provisions impacting the Ultimate Beneficial Owner (hereinafter,” UBO”) Disclosure Rules applicable to legal entities incorporated in Peru and certain legal arrangements established therein (e.g., trusts, investment funds, consortiums, among others). Explore the details in the alert prepared by the tax team.