Paraguay's tax authority (SET) has published Decree No. 7306-2022, which further extends the validity of VAT relief measures implemented during the COVID-19 pandemic. This includes:
- The special VAT regime for tourism, restaurant, and accommodation services originally introduced by Decree No 3881/2020 and Decree No. 3967/2020, which generally provides that for the supply of these services, the standard VAT rate of 10% is applied on 50% of the service price; and
- The special VAT regime for the…