In 2023, the Tax Authority was carrying out a definitive tax inspection regarding Income Tax of fiscal year 2018. During this tax inspection the Tax Authority reviewed and challenged several aspects of the determination of corresponding tax, for several millions of soles. It is worth mentioning that our client is a university exempted of the Income Tax, therefore, regardless the amount of the observations specifically made in such tax inspection, a negative outcome could lead to the loss of its tax exemption.
Our labour consisted in assisting our client in the closure of this tax inspection, by giving out input on the observations of the Tax Authority, as well as to design the best strategy to expose the legal arguments in the final written response to such authority.
As a result of the aforementioned, the Tax Authority issued the Result of Requirement No. 0222230005281, dated on June 27, 2023, by wich left without effects each and all its observations.
