Wine Law

12 ISC 25% 4.23 Nacionalized value 11.78 Sales value 21.13 Operating Expense + profit 7.00 Valor de venta 18.78 Conclusion: national wine pays, plus tax. Table 3. With fixed ISC 4 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 ISC S/. 2.50 liter 1.88 Nacionalized value 11.78 Sales value 18.78 Operating Expense + profit 7.00 Valor de venta 18.78 Conclusion: With specific and fixed USC there is no difference in the payment of the tax. In May 2018, following the same mixed system, the tax, in addition to being increased, was divided into two sections, depending on the degree of alcohol, for products up to 12º and more than 12º of alcoholic strength; apparently based on the objective of “combating its negative externality, damage to health, pollution, among others” (Diary El Comercio, 2020), which agrees with the concept of ISC by SUNAT (2018), this being another discriminatory measure, because the wine would be in both categories, being a product that has the same characteristics of elaboration of raw material or processing, distinguishing where it should not be distinguished. 4 Source: Referred from bill No. 2501/2017-CR and adapted in the form by the author. From Table 3, it can be seen that a Specific System for determining the ISC, applicable exclusively, both for the importation of wines and the sale of wines produced in the country, eliminates the distortions referred to in Table A; evidencing that under a Specific System the same ISC (S / .1.88) will be paid under the same scenarios. (Source project No. 2501-2017).