Paraguay's tax authority (SET) has announced the issuance of Decree No. 2787/19, which establishes the dates for the entry into force of the tax reform measures provided by Law No. 6.380 on Modernization and Simplification of the National Tax System ({News-2019-10-11/A/5-previous coverage}). With respect to the new unified business income tax (Impuesto a la Renta Empresarial, IRE), the Decree provides that reform measures apply from: 1 January 2020 for taxpayers whose fiscal year ends 31 December 2019; 1 May 2020 for taxpayers whose fiscal year ends 30 April 2020; and 1 July 2020 for taxpayers whose fiscal year ends on...