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Peru Seeks to Lift Tax on Top Earners, Capital Gains and Netflix

  • Finance Minister Francke calls for end to tax break on yachts
  • Peru’s tax rates are low compared to peers, Francke says
Pedro Francke
Pedro FranckePhotographer: Ernesto Benavides/AFP/Getty Images
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Peru’s government is seeking to take a larger slice of top salaries and stock market profits, and eliminate benefits enjoyed by the rich such as tax breaks for yachts, Finance Minister Pedro Francke said. 

The government will seek congressional approval for a bill to raise the amount paid by the wealthiest Peruvians in the interests of justice Francke told reporters on Thursday.