In order to support taxpayers facing difficulties due to the COVID-19 pandemic, Paraguay has introduced VAT payment installment relief via Presidential Decree No. 3583 of 6 May 2020. The installment relief provides that taxpayers may pay their VAT obligations on domestic and import operations in up to four monthly installments with no interest. Taxpayers may apply the regime for payments due up to 31 August 2020, with an initial payment of 20% of the VAT due required within two days after a request for installment relief is made. Failure to comply with the agreed installment payments will result in penalties...