Paraguay's tax authority (SET) has announced the issuance of Decree No. 6144/2021, Decree No. 6145/2021, and Decree No.6146/2021, which extend until 31 December 2021 the validity of the VAT and selective consumption tax (ISC) relief measures implemented during the COVID-19 pandemic. With respect to VAT: Decree No. 6144/2021 extends the special VAT regime for tourism, restaurant, and accommodation services originally introduced by Decree No 3881/2020 and Decree No. 3967/2020, which generally provides that for the supply of these services, the standard VAT rate of 10% is applied on 50% of the service price; and Decree No. 6146/2021 extends the special...