Read more
Non-profit entities are subject to a differentiated treatment in the obligations related to Income Tax (IR). It is of special interest to know if they are entitled to the IR exemption established in article 19, paragraph b. Its analysis requires a review of said law and what applies to the exemption of this type of entities. This paper consists of three parts, first a review of the current law was made, identifying only those rules that apply to the category. In the second part, interviews were conducted with six (06) experts on the subject, three (03) tax experts as professional sources of experience in the field and three (03) administrators of the organization, in order to learn about the entity. Finally, points of interest applicable to the research were chosen by reviewing the statute, the destination of income and donations differing with what is indicated in the tax law and the different resolutions of the Tax Court.
About the author
Josue Huaman Haqquehua graduated from the Universidad Peruana Union in Lima, Peru, as a Public Accountant. Passionate about tax accounting sciences, with two investigations of this nature in the repository of his alma mater. He is currently working as an accountant in a non-profit organization.
