author_orbitax
Orbitax

Share This Article

Paraguay Establishes Tax Haven List and Introduces Certain Transfer Pricing Amendments

07 September 2022

|

Approved Changes

|

Paraguay

Paraguay's tax authority (SET) has published General Resolution No. 118/2022. The General Resolution establishes the list of jurisdictions considered as a low or no-tax jurisdiction (tax haven) according to the revised conditions recently introduced by Decree No. 7402-2022. This list includes 111 jurisdictions, although there are several duplicates resulting in a total of 106 jurisdictions with the duplicates removed: Afghanistan, Alderney, Algeria, Angola, Ascension Island, Bangladesh, Belarus, Benin, Bhutan, Bonaire Island, Brecqhou, Burkina Faso, Burundi, Cambodia, Campione d'Italia (Italy), Central African Republic, Chad, Christmas Island, Cocos Island, Comoros, Cuba, Democratic Republic of the Congo, Djibouti (duplicate), East Timor, Egypt, Equatorial...