The Government of Peru began multi-sector meetings in order to advance the process of joining the Organization for Economic Cooperation and Development (OECD). In this framework, the Vice Minister of Foreign Trade, Ana Cecilia Gervasi, participated in the High Level meeting, organized by the mission of the Forum on Harmful Tax Practices (FHTP), in which various recommendations applicable to preferential regimes were shared, the Ministry of Foreign Trade and Tourism reported in a statement released on Thursday (14.07.2022/XNUMX/XNUMX).
Gervasi highlighted the work of the FHTP, which focuses on reaching consensus and applying methodologies and criteria to define the substantial activities that take place in preferential tax regimesHe also said he agreed with promoting the implementation of international standards to provide a transparent framework for the tax policy of member countries and to monitor the correct application of the preferential regimes that benefit them.
"The Mincetur team will evaluate the proposals provided by the FHTP experts and will coordinate the following steps intersectorally within the framework of the accession process," said the Vice Minister of Foreign Trade.
In this regard, he said that Mincetur has the authority over the Special Economic Zones (ZEE), where companies that establish themselves there enjoy different tariff and tax treatment. “Its integration with the OECD Roadmap is essential to have Zones with globally accepted standardss,” he said.
About the OECD
As you may recall, the OECD is an organization that promotes public policies in favor of the economic and social well-being of the member countries and that are committed to plural democracy based on the rule of law and human rights and subscribe to the principles of an open and transparent market economy. It is made up of 38 countries, including the United States, Japan, South Korea and the main countries of the European Union. Chile, Mexico, Colombia and Costa Rica participate in our region.
From June 30, 2022 to July 27, 2022, different sectors of the Peruvian Executive will hold meetings with representatives of the OECD, to define actions to follow within the framework of the process of joining this organization.
Mincetur will work on the subject matter that corresponds to the sector in this process of continuous coordination with the other sectors and entities of the country.Mincetur Press Release)
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