Paraguay's tax authority (SET) has issued General Resolution No. 115/2022, which provides detailed rules on the preparation and submission of the transfer pricing study and additional reporting requirements established by Law No. 6380/2019 and regulated by Decree No. 4644/2020. Obligation to Submit General Resolution No. 115/2022 reiterates that the following taxpayers are required to prepare and submit a technical transfer pricing study (Estudio Técnico de Precios de Transferencia or ETPT): Taxpayers with gross income exceeding PYG 10 billion in the previous year that enter into operations with non-resident related parties or with resident related parties if the transaction for one...