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Paraguay Extends Special VAT Regime to Cover Movie Projection Activities

|Approved Changes|Paraguay
Paraguay

Paraguay has published General Resolution No. 67-20 of 16 October 2020, which extends the scope of economic activities eligible for the Special VAT Regime introduced in response to the COVID-19 pandemic. Originally introduced from 1 August 2020 for tourism and restaurant services, the regime provides that for the supply of qualifying services, the standard VAT rate of 10% is applied on 50% of …

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