29 May 2020
From 1 January 2021, 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
Nova Scotia to decrease its standard Harmonised Sales...
From 1 April 2025, the Canadian province of Nova Scotia will reduce the HST rate applied in the province from 15% to 14%. There are no other HST rate changes...
SEE MORE
LATEST NEWS
Sri Lanka to apply VAT on B2C e-services from...
The Inland Revenue Department of Sri Lanka will implement VAT on electronic services supplied by non-resident companies to consumers from April...
SEE MORE
LATEST NEWS
Burkina Faso introduced 10% VAT on electronic services...
As of 1 January 2025, Burkina Faso has introduced VAT on digital services sold to consumers. Previously, foreign businesses providing digital services to...
SEE MORE