Caterpillar International Services del Perú S.A.

Due to economic conditions of one of their most important renting clients, the company had to decide whether to sell such client most of its inventory (rented machinery) in Peru. This advice was a tax challenge since the incorrect sale conditions would lead the Tax Administration to potentially characterize the whole transaction with this particular client as a financial lease.  

Matter value – include currency and amount in figures :

Confidential

Is this a cross-border matter? If yes, please indicate the jurisdictions involved :

No.

Lead partner :

Jorge Dávila

Other team members :

Fiorela Ríos

Other firms advising on the matter and their role(s) :

No.

Date of completion or current status :

Ongoing