Peru Agrarian Law Repeal Bill Targets Agro-Export Tax Cut
A new bill seeks to repeal Peru's 'Chlimper 2.0' tax break for large agro-exporters. Labour rights are not affected. The post Peru Agrarian Law Repeal Bill Targets Agro-Export Tax Cut appeared first on The Rio Times .
A new bill seeks the repeal of Peru's agrarian law, targeting a tax break for large agro-exporters. The bill, presented by Congressman César Holguín on August 22, 2026, aims to abolish Ley N.º 32434, also known as 'Chlimper 2.0'. This law sets a 15% income tax rate for firms billing over S/8.4 million (approximately US$2.51 million) annually. The bill does not affect farm workers' labour rights, which are governed by separate laws, such as Ley N.º 31110 and Ley 27360.
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