Paraguay

Paraguay IVA

Paraguay value added tax (Impuesto al Valor Agregado, IVA) for 2026 under Ley N° 6380/2019 Libro II Título I (as amended by Ley N° 7067/2023) and its regulation Decreto N° 3107/2019. Covers who pays (businesses, independent professionals, landlords, importers; not RESIMPLE payers), when the tax arises, the 10% general rate and the 5% rate (residential rent, real estate on a 30% base, basic food basket, listed farm and livestock products, registered medicines), exemptions, the monthly Form 120 (obligation 211), IVA credit rules and the six-month proration, the restricted credit list for professionals and the 30% car rule, withholding and perception (State bodies, exporters, card processors, payments abroad, digital services), exporter refunds, the RUC-digit due dates and penalties.