Paraguay

Paraguay Income Tax

Paraguay personal income tax (Impuesto a la Renta Personal, IRP) for the 2026 fiscal year under Ley N° 6380/2019 and its regulation Decreto N° 3184/2019, for resident individuals: employees, independent professionals and other self-employed people (personal services, RSP, Form 515), and individuals with rent, interest, dividends, royalties and capital gains (capital income, RGC, Form 516). Covers the G 80,000,000 gross-income threshold and how the first year works, the 8%/9%/10% scale on net income, the flat 8% on capital income with the 30% and 50% presumed bases, the deductible business and personal outgoings (food, clothing, housing, health, education, one car every 3 years, one home every 5 years, donations up to 5%), the funding rule, exemptions, withholdings, the March RUC-digit deadline and penalties.