Paraguay Extends Penalty Relief for Non-Compliance with Electronic Registration Requirements for Purchase and Sales Vouchers

Paraguay's tax authority (SET) recently announced the issuance of General Resolution No. 132 of 28 June 2023, which provides penalty relief in relation to compliance with the requirements for the electronic registration of vouchers introduced by General Resolution No. 90 of 11 May 2021. As previously reported, "vouchers" means proof of purchases and sales, as well as income and expenses that support the operations of VAT, IRE SIMPLE, and IRP-RSP taxpayers. Under the requirements, VAT, IRE …