Paraguay has published Decree No. 5278 of 13 May 2021, which provides for the extension of the special VAT regime introduced in response to the COVID-19 pandemic for tourism and restaurant services and subsequently extended to accommodation services. The regime generally provides that for the supply of these services, the standard VAT rate of 10% is applied on 50% of the service price. Previously provided until 30 June 2021, the special VAT regime is now provided until 31 October 2021.
Source Orbitax
Latest Posts in "Paraguay"
- Paraguay Rolls Out E-Invoicing Schedule for New Taxpayer Groups
- DNIT announces the schedule to implement mandatory e-invoicing for new taxpayer groups
- How electronic invoicing works in Paraguay
- New taxpayer groups must comply with the e-invoicing mandate in Paraguay
- Paraguay Tax Administration: New Electronic Invoicing Requirements for Large and Medium Taxpayers
