Income Tax in Peru: (Income Classification)

 

•First Category: income produced by rental lease agreements, subleasing and transfer real property. (individual income)

 

•Second Category: capital gains such as interest from loans, dividend and royalties. (individual income)

 

•Third Category: income produced by commercial and industrial activities and other income not specifically included in another category (individual income or corporate tax)

 

•Fourth Category: income produced by independent professionals. (individual income)

 

•Fifth Category: income produced by employees. (individual income)