Paraguay phased electronic invoicing in 2022; fully mandatory by October 2024 The Paraguayan tax administration (SET) is to roll out sales and purchase e-invoice registration obligations – SIFEN National Integrated Electronic Invoicing System – based on its e-Kuatia platform. The updated regime is termed Marangatú, a pre-clearance e-invoice system.
Tourism, hospitality, alcohol gets further quarter VAT and duties relief Paraguay has extended reliefs granted to a range of tourism and hospitality sectors VAT and duty reliefs in recognition of the ongoing disruption from the COVID-19 pandemic. The measures have now been prolonged into April,
Paraguay extended its Withholding VAT regime to non-resident digital or electronic services provider to consumers from 1 January 2021. It applies to both B2B and B2C transactions. In addition, a further 4.5% INR withholding tax (similar to Digital Services Tax) was introduced. The current VAT
Withholding VAT and INR collections both due on non-resident digital services Paraguay has launched a new INR (income tax on digital services) registration and reporting regime for non-resident providers of e-services to consumers. This applies from 1 January 2022. This is in addition to Withholding
Paraguay to withdraw Jan 2022 withholding tax on foreign digital services Paraguay is to suspend from January 2022 the reach on intermediaries of its Digital Services Tax – withholding tax on non-resident income (INR). The 4.5% INR was introduced at the start of 2021 as
Ongoing COVID-19 crisis means more support for hard-hit entertainment and hotels sectors Paraguay has rolled over for a second time the reduced Value Added Tax rates on tourism, catering, accommodation, tourist transport, tourist guide and event organization services. This will now be extended until 31