study aimed at strengthening Peru's tax system while supporting the country's economic growth.
The comprehensive review of Peru's tax policy analyzes its main strengths and challenges and proposes policy alternatives based on evidence and comparative experience.
The study prepared by the Organisation for Economic Co-operation and Development (OECD) addresses, among other aspects, progress, challenges, and reform opportunities, providing a comprehensive overview of key tax-related issues for the country's development.
Key findings
The study provides a broad overview of Peru's tax system.
Among its key findings, it notes that the country maintains a low tax burden compared with international standards.
Likewise, it indicates that structural challenges associated with informality, tax non-compliance, and the limited capacity of economic growth to translate into increased tax revenue persist.
In this regard, the MEF chief said Peru has room to improve its revenue collection levels, particularly compared to countries with similar levels of development.
"Countries similar to Peru, with a similar GDP per capita, collect more revenue than we do," Cuba stated.
"If we compare ourselves with Latin America and the Caribbean, we are also below the regional average in terms of non-compliance. There is room for progress," he added.
Informality
Regarding informality, the minister mentioned that some tax regimes warrant an evaluation, such as the Simplified Single Regime (RUS) and the Special Income Regime (RER).
"There are poorly designed regimes that have been in place for more than 30 years. The time has come to change them. SUNAT can help," Cuba pointed out.
"Today, with the issuance of electronic invoices, there is even more information that benefits business segments with less human capital (such as small and microenterprises)," he added.
The Cabinet member mentioned that actions are being implemented to advance the reduction of tax non-compliance and referred to the creation of the Commission to Reduce Tax Evasion, aimed at reducing non-compliance with General Sales Tax and Income Tax.
In this regard, he noted that the OECD study is "very relevant, timely, and useful to us as a baseline for the commission we are creating to combat tax evasion, and it will surely enable us to increase the tax burden in a shorter period, achieve greater fiscal soundness, and invest in both infrastructure and social inclusion, which are very important for a country like Peru."
During the event, three discussion panels were held, allowing for a more in-depth assessment of the study's main findings and recommendations, with the participation of specialists from the OECD, MEF, and other institutions linked to tax policy.
These discussions addressed the relationship involving economic growth, tax revenue collection, and fiscal sustainability; the impact of preferential tax treatments on tax compliance, equity, and the system's neutrality; and how to design taxes that promote labor and business formalization.
The event provided an opportunity to put the main challenges of Peru's tax policy into perspective and foster a technical exchange among national and international specialists, based on evidence and the particular characteristics of the Peruvian economy.
Technical support
It involved technical teams from the MEF and the National Superintendence of Customs and Tax Administration (SUNAT), as well as other national institutions and stakeholders that contributed information, analysis, and comments throughout the process.
During his presentation, Minister Cuba highlighted the value of cooperation between Peru and the OECD as a space for exchanging experiences and analyzing policies implemented in other countries facing similar challenges.
He also emphasized that the study provides evidence and various policy alternatives that help enrich the national discussion, while always taking into account Peru's specific characteristics and needs.
Publicado: 26/8/2026