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, May and June 2022.
The VAT relief includes the standard VAT rate being discounted by 10% – therefore 5%.
The sectors include:
- Tourist guides
- Hotel and accommodation services
- Transport services
- Goods for supply to tourists
- Leasing property on short term basis
- alcoholic beverages (excise duties)