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Peru , Sunday 30 August 2026

Peru hopes to attract investment with tax cuts and sustain agro-export boom, minister says

Published on: Monday 18 August 2025

Peru hopes to attract investment with tax cuts and sustain agro-export boom, minister says LIMA (Reuters) -Peru hopes to increase agricultural investment with a significant reduction in income tax for large export companies, the sector's minister told Reuters on Monday. The Peruvian Congress last week passed a law that reduces income tax to 15% from the current 29.5% for large agricultural exporters over the next 10 years. Medium-sized businesses would pay 1.5% income tax, while small businesses would be exempt from the tax.



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