The National Superintendency of Customs and Tax Administration (SUNAT) has officially approved Virtual Form No. 696 – Remote Gaming and Sports Betting and ISC, which establishes the mechanism for both domestic and non-resident companies engaged in remote gaming and sports betting activities to fulfill their tax returns and payment obligations.
This measure, detailed in Superintendency Resolution No. 010-2025/SUNAT and published in the official gazette, introduces significant changes for businesses operating in this sector. The Virtual Form No. 696 will be available on the SUNAT Online Operations (SOL) platform starting February 1, 2025.
Key Aspects of the New Regulation
Obligations for Non-Resident Companies - Non-resident companies involved in remote gaming and sports betting must use the "Returns and Payment for Non-Residents" platform to file tax returns and make the necessary payments. This ensures that foreign entities operating in Peru comply with local tax regulations.
Obligations for Resident Companies - Resident companies operating in the same sector must use the service "My Returns and Payments" to file and pay taxes related to their activities.
Taxation Framework - The obligations stem from Law No. 31557, which created the Remote Gaming and Sports Betting Tax and included these activities under the scope of the Selective Consumption Tax (ISC). This law requires businesses to comply with tax regulations specific to remote gaming and sports betting platforms.
Authorization by MINCETUR - Only companies authorized by the Ministry of Foreign Trade and Tourism (MINCETUR) are permitted to operate remote gaming and sports betting platforms in Peru. To date, more than 60 companies have received such authorization, marking a growing sector within the Peruvian economy.
Technology-Driven Compliance - These activities are conducted through technology-based platforms that must meet specific requirements set forth by the government. The compliance process involves submitting accurate declarations through the SUNAT systems to ensure transparency and proper tax collection.
Practical Implications for Businesses
This new regulation requires companies to adapt their internal processes to ensure compliance with the updated tax obligations. Businesses must implement internal systems to track and report taxable activities accurately and ensure that their platforms comply with MINCETUR’s operational requirements.
The introduction of Virtual Form No. 696 represents a key step in modernizing and regulating the remote gaming and sports betting industry in Peru, ensuring that all entities involved contribute fairly to the country's tax system. Companies operating in this sector should take immediate action to align with the new requirements and avoid potential penalties for non-compliance.