Paraguay Advances in the Implementation of the Electronic Invoice

March 28, 2018 Ramon Frias

The tax administration of Paraguay (SET) has announced it will soon be deploying a new version of its electronic invoicing system known as "Marangatu 2." The announcement is made at the time that the tax administration is entering the special testing phase of its electronic invoicing pilot, which started at the end of 2017. This special testing period will start in April 2018 and will be the final stage of the pilot program. Once this phase is concluded, the government is planning to put the system into Production by June 2018. In the next months, it will release the first mandate regulations specifying which taxpayers will be required to issue electronic invoices.

 

Read more: http://www.set.gov.py/portal/PARAGUAY-SET/Home/marangatu2

About the Author

Ramon Frias

As Tax Counsel, Ramon is licensed to practice law in the Dominican Republic and is a member of the Dominican Bar Association. He has a Certificate Degree from Harvard University as well as a JD from the Universidad Autonoma de Santo Domingo.Ramon has written many essays about tax administration, and for one of them won the first prize in the international essays contest sponsored by the Inter American Center of Tax Administrations (CIAT). Prior to joining Sovos Compliance, Ramon worked for more than 10 years in the Department of Revenue of the Dominican Republic where he served as Deputy Director. He is proficient in French and Spanish.

More Content by Ramon Frias
Previous Article
Quebec, Canada Tables 2018-2019 Budget

Québec National Assembly's key announcement with respect to Québec Sales Tax (QST) requires businesses loca...

Next Article
EU Proposes An Interim Tax On Certain Revenue From Digital Activities

The European Commission recently proposed new rules to ensure the fair taxation of digital business, placin...