Peru's Securities Market Superintendence (SMV) amended its supervisory contributions framework, setting a permanent promotional monthly contribution for investors on specified secondary market exchange transactions and extending the temporary reduction in the monthly contribution rate for certain collective investment vehicles beyond its 31 December 2025 expiry. Supervisory contributions are a tax intended to fund the SMV’s market supervision activities. For the covered secondary market operations, the monthly rate payable by clients will be 1% of the contribution rate set out in the Contributions Standard approved by CONASEV Resolution No. 095-2000-EF/94.10, calculated on the traded amount, including 0.00005% for spot transactions in government debt or credit securities and for securities lending up to 60 days, and 0.000135% for spot transactions in exchange-traded fund participation units and for intermediaries’ own-account equity trades. Securities lending for periods longer than 60 days will be charged at 1% of the standard 0.05% rate. Separately, the SMV will keep the promotional rate for autonomous patrimonies, mutual funds and investment funds outside the simplified regime at 0.00245% through December 2026, maintaining a 30% reduction versus the general rate.

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