Peru–Bolivian Confederation Peru–Bolivian Confederation The Peru–Bolivian Confederation was a short-lived state that existed in South America between 1836 and 1839. The country was a loose confederation between the states of Peru, divided into the Republic of North Peru and the Republic of South Peru, and Bolivia, with the capital located in Tacna. The Peru–Bolivian Confederation's formation was personally influenced by Marshal Andrés de Santa Cruz, the President of Bolivia, who served as the first and only head of state under the title “Supreme Protector”. The Peru–Bolivian Confederation was opposed by neighboring countries from its inception, particularly Chile and Argentina, as a potential
Taxation in Peru also for investments in manufacturing industries located in the jungles, in designated tax-free zones and in borderline areas of the country. Furthermore, companies involved in certain economic sectors may be subject to special or reduced income tax rates (i.e. companies involved in agriculture, animal husbandry and similar activities are entitled to a 15% rate). Peru also has an income tax for individuals. Peruvian citizens domiciled in Peru are subject to taxation on their worldwide income. Individuals not domiciled in Peru are only taxed in this country on their Peruvian sourced income. Foreigners residing or staying in Peru for more than