Bloomberg News

Peru to Tax Currency Forwards Maturing Within 60 Days

November 29, 2011

(Removes reference to tax rate in first paragraph.)

Nov. 29 (Bloomberg) -- Peruvian sol forwards contracts between local and offshore counterparties are now taxable if they mature within 60 days, according to a decree published today in the state gazette.

To contact the reporter on this story: John Quigley in Lima at jquigley8@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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