On 27 March 2024, Paraguay’s National Directorate of Tax Revenues (Dirección Nacional de Ingresos Tributarios – DNIT) released General Resolution DNIT No. 07/24. This Resolution offers penalty relief for adhering to the electronic voucher registration requirements under General Resolution No. 90 of 11 May 2021.
According to this Resolution, the “vouchers” provide proof of transactions such as sales, purchases, income, and expenses. These documents are essential for VAT, IRE SIMPLE, and IRP-RSP taxpayers. Taxpayers subject to VAT, IRE SIMPLE, and IRP-RSP must complete the registration process for their vouchers in the “Marangatu” System and verify the details of these documents every month.
General Resolution DNIT No. 07/24 mentions that taxpayers will not face penalties for non-compliance with their tax obligations until 31 August 2024 in the following scenarios:
- Failure to confirm voucher registrations for the FY 2022 and 2023;
- Failure to confirm voucher registrations for the fiscal periods from January 2023 to December 2023 and January 2024 to June 2024 for those taxpayers required to register monthly.
General Resolution DNIT No. 07/24 also extends the submission deadline for corporate taxpayers’ financial statements for the fiscal year ending 31 December 2023 to 31 August 2024. In general, the deadline for taxpayers to submit their financial statements is June for each fiscal year.
