In December 2021, Decree 6515/21 and General Resolution 109/21 were released, regulations that modify crucial aspects of the nonresident income tax (INR) applicable to digital services provided by nonresident entities in Paraguay.
Both regulations became effective on 1 January 2022.
Decree 6515/21 modifies article 7 of Decree 3181/19, which regulates the INR with respect to digital services, and exempts banks, finance companies, exchange houses, cooperatives, payment processors or similar entities, and telephone companies or similar entities from having to act as INR withholding agents when they are intermediaries in the provision of digital services provided by foreign entities.
Source Deloitte
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