Paraguay Provides Penalty Relief for Non-Compliance with Voucher Registration Requirements and Extends 2023 Financial Statements Deadline

Paraguay's National Directorate of Tax Revenues (Dirección Nacional de Ingresos Tributarios - DNIT) has issued General Resolution DNIT No. 07/24, 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.…