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
Separate EORI number for Northern Ireland required
HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...
SEE MORE
LATEST NEWS
Fiscal representation not required in France for UK...
The French tax authorities have confirmed that UK businesses will not have a requirement to engage a fiscal representative when the Brexit transition period...
SEE MORE
LATEST NEWS
UK Intrastat still required after Brexit
The UK tax authorities have confirmed that English, Welsh and Scottish businesses importing goods into the UK from the EU will still be required to prepare and...
SEE MORE