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Paraguay Extends Special VAT Regime for Tourism and Restaurant Services

Source Orbitax

The regime provides that for the supply of these services, the standard VAT rate of 10% is applied on 50% of the service price for travel agencies and tour operators, hotels, restaurants, and catering service providers. With Decree No. 3967, the special VAT regime is extended to cover rural accommodation, tourist transport, tourist guide, and event organization services with effect from 1 September 2020 until 30 June 2021.

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