Paraguay – Effects of the pandemic on revenue

Considering the decrease in economic activity as a result of the COVID-19 pandemic and the fact that the last expiration dates of March were moved to May, the Undersecretariat of State for Taxation (SET) collected Gs. 970,955 million (US$ 148 million) in cash, and Gs. 64,937 million (US$ 10 million ) in compensation with tax credits, reaching the amount of Gs. 1,035,892 million ($158 million1 ).

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