18% in total. Law 32387 is shifting the split gradually: from 2026 the IGV falls by half a point a year and the municipal promotion tax (IPM) rises by the same, so 2026 is 15.5% + 2.5%, reaching 14% + 4% in 2029. What the shopper pays stays 18%.
PEN 18.31 of it is tax, leaving PEN 101.69 before tax.
IGV rates in Peru for 2026
Peru charges IGV at a standard rate of 18%. There is no reduced rate. Amounts on this page are in Peruvian Sol (PEN).
18% in total. Law 32387 is shifting the split gradually: from 2026 the IGV falls by half a point a year and the municipal promotion tax (IPM) rises by the same, so 2026 is 15.5% + 2.5%, reaching 14% + 4% in 2029. What the shopper pays stays 18%.
Rate
Type
Gross = net ×
Tax share of the gross price
18%
standard
1.18
15.25%
How much IGV is inside a price
If a price already includes IGV, divide by 1 plus the rate: at 18%, PEN 400 ÷ 1.18 = PEN 338.98 before tax, so PEN 61.02 is tax.
Rate
Tax in PEN 400
Net of PEN 400
Tax in PEN 4,000
Net of PEN 4,000
18%
PEN 61.02
PEN 338.98
PEN 610.17
PEN 3,389.83
Adding IGV to a net amount
For a quote or invoice, multiply the net amount by 1 plus the rate: at 18%, PEN 4,000 × 1.18 = PEN 4,720.
Rate
Tax on PEN 400
PEN 400 plus tax
Tax on PEN 4,000
PEN 4,000 plus tax
18%
PEN 72
PEN 472
PEN 720
PEN 4,720
How Peru's standard rate compares
Peru's 18% standard rate compares with a median of 18%: 17 of the 39 countries in this calculator's table charge more, 19 less.
This is a reference calculation using common tax assumptions and is not a substitute for professional advice. We accept no liability for decisions made from it — see the terms of use for details.