Paraguay's tax authority (SET) has published Decree No. 7689-2022, which extends and amends the temporary VAT relief for the transport sector that was provided by Decree No. 7355-2022. As previously reported, Decree No. 7355-2022 provided that from 12 July 2022 to 30 September 2022, the supply of qualifying transport services is subject to the standard VAT rate of 10% on 50% of the service price. Qualifying transport services as per Decree No. 7355-2022 include: National medium and long-distance passenger transport that is not already exempted from VAT; Passenger transport provided through school (bus) transport, taxis, and similar; and National and...