Beneficios tributarios a la investigación, el desarrollo y la innovación en el Perú[Tax incentives for research, development and innovation in Peru: a regulatory and financial guide to Law No. 30309 after the 2026 reform]

Law No. 30309 is Peru’s main fiscal incentive for scientific research, technological development and technological innovation: it allows corporate income taxpayers to deduct up to 240 per cent of expenditure on projects certified by CONCYTEC. This paper systematises the framework in force following Law No. 32539 and Supreme Decree No. 116-2026-EF, which extended the incentive through fiscal year 2028, strengthened ex post review and clarified that the auditable objective includes the general objective, specific objectives and approved scope; explains in financial terms how the saving is determined and through which channel it materialises; and situates the instrument within the wider tax and national innovation systems. The central argument concerns the asymmetry between the generosity of the incentive and its effective uptake in a context of low R&D intensity. The gap depends less on the nominal deduction rate than on firms’ capacity to identify, formulate, execute and substantiate eligible projects. The paper therefore treats documentation quality and consistency between technical execution and accounting records as part of the economic cost of accessing the incentive.