Wine Law

11 Table 1. Proposed ISC Taxes 2 TARIFF ITEMS PRODUCTS NUEVOS SOLES 2204.10.00.00 Sparkling wine S/. 1.50 per liter 2204.21.00.00 Other wines in containers with a capacity less than or equal to two liters S/. 1.50 per liter 2204 29 90 00 Wines in containers with a capacity greater than or equal to two liters S/. 1.50 per liter Observing a linear tax treatment without complications protected by the specific system, a bill that did not have an echo, despite the fundamentals that supported these projects. In bill No. 2501/2017-CR, an example of current ISC application is made in the foundation: national vs. Imported, under certain assumptions that are indicated in the tables that were prepared and that appear in the aforementioned Project, noting an unfavorable difference in the payment of the tax on national wine production, with advantages for imported wines using the alternative system in force (Tables 2 and 3) Table 2. With Mixed ISC 3 National Wine (S/. X botle 750 ml.) Imported Wine (S/. x botle 750 ml.) Prime cost 9.90 Tax Value (CIF+6%) 9.90 Operating Expense + profit 7.00 ISC S/. 2.50 liter 1.88 2 Source: Referred from bill No. 2501/2017-CR and adapted in the form by the author. 3 Source: Referred from bill No. 2501/2017-CR and adapted in the form by the author. From Table 2, it can be seen that the application of an Alternative System such as the one incorporated by Supreme Decree No. 092-2013-EF and modified by Supreme Decree No. 167-2013-EF, generates that imported wines with a value sales per liter less than or equal to S / .10.00, the Specific System is applicable; resulting in a lower ISC (S / .1.88) compared to the ISC applied to wines produced in the country (S / .4.23) to which a Value Systemwill be applicable. For these purposes, it is important to note that the example starts froma scenario in which: (i) both imported wine and that produced in the country have the same prime cost per bottle and (ii) that it is treated in both cases, of the same volume (750m1 bottle). (Source project No. 2501-2017).