Stay up to date with the latest accounting, tax, and audit developments in Paraguay.
Executive Branch Enacts Law on New Property Tax Rates
The President of the Republic, through Decree 8612/2022, established the new property tax values. The document issued by the Executive Branch will ser...
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Gafilat Report: Low Rating for Investigations and Convictions Related to Money Laundering
The final report from the Latin American Financial Action Task Force (Gafilat), released on Monday, gives Paraguay the lowest ratings in the area of i...
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Regulations to Curb Money Laundering in Political Parties Are Approved
With just a few months to go before the party primaries, Seprelad approved a document establishing regulations to prevent political candidates from fi...
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Clubs, tobacco companies, and cryptocurrency providers are included in Seprelad's oversight
The Senate approved the bill that extends the oversight of the Secretariat for the Prevention of Money Laundering to sports clubs and related activiti...
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SET Specifies Allowable Deductions for the IRP Under New Regulations
The Tax Administration clarified the scope of the income tax following the tax reform. The changes will apply to tax returns that must be filed starti...
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They Will Standardize Criteria for Foreign Exchange Transactions
The Secretariat for the Prevention of Money Laundering and Asset Laundering (Seprelad) seeks to standardize the criteria governing foreign exchange tr...
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