Third Category Income Tax Eligibility Requirements and Restriction on Deduction of Expenses

Abstract

Considering that in Peru industrial, commercial and service companies are left wondering which expenses incurred are or are not deductible for the determination of income tax, by the interpretation of each officer of the SUNAT auditing entity; the present study determines whether the eligibility requirements of third category income tax have any influence on the restriction for the deduction of expenses in the industrial sector. Under an explanatory level quantitative methodology with a non-experimental design, it was determined that there is a significant relationship between the variables, indicating that the higher the knowledge and compliance with the eligibility requirements of the third category income tax, the more precise the results regarding the tax restriction for the deduction of expenses.