18 November 2019
From 1 January 2020, Paraguay will extend VAT to non-resident sales of digital services to consumers in the country.
When introduced the new tax at 10% will be collected via payment providers (such as banks and credit card companies) when the customer makes the payment. The payment providers will then be responsible for paying this over to the Paraguayan tax authorities.
This will be applied to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.
LATEST NEWS
IMPORTANT: Slovakia VAT increase from 20% to 23% from...
A reminder that from 1 January 2025, the standard Value Added Tax (VAT) rate in Slovakia will increase from 20% to 23%. In addition to the standard rate rise...
SEE MORE
LATEST NEWS
REMINDER: New EU rules for virtual events from January...
From 1 January 2025, the supply of a live virtual event is taxable in the EU country where the consumer purchasing the online attendance resides. This means...
SEE MORE
LATEST NEWS
Switzerland’s new rules for platforms from 1 January...
Switzerland’s Federal Tax Administration will impose “deemed supplier rules” from 1 January 2025 on digital platforms (such as Amazon) to charge, collect...
SEE MORE