Paraguay's tax authority (SET) has published Decree No. 7355-2022, which provides temporary VAT relief for the transport sector. The decree provides that from 12 July 2022 to 30 September 2022, the supply of qualifying transport services is subject to the standard VAT rate of 10% on 50% of the service price. Qualifying transport services include:
- National medium and long-distance passenger transport that is not already exempted from VAT;
- Passenger transport provided through school (bus) tra…