On December 11, 2016 the Law No. 1264 was published in the official bulletin of Peru launching a temporary Voluntary Disclosure Program.
Applications can be made until December 29, 2017 for undeclared assets. The decisive day for the value of assets is December 31, 2015. The taxes are set at either 7 % or 10 % depending on its repatriation. The program provides amnesty from various tax and other penalties for persons who did not report their assets located abroad.