| Update: | Compliance Alert - Grace period for non-submission of annual and monthly records of receipts |
| Date: | 2024-01-09 |
Paraguay's Undersecretariat of State for Taxation (SET) has issued DNIT Resolution 730/2023, which extends the enforcement of sanctions for non-compliance with confirming registration receipts.
Resolution 730/2023 provides that taxpayers required to confirm the representation slip annually (956 – Annual Receipt Register), exceptionally, have the deadline extended until 30 April 2024 to confirm the fiscal years 2022 and 2023.
Also, taxpayers required to perform monthly confirmation (955 - Monthly Receipt Registry) have time until 30 April 2024 to confirm stubs corresponding to January to December 2023 and January to February 2024. Marangatu Tax Management System will continue to accept receipts and confirmations during this period, according to the regulations.
Taxpayers who complete the registration and confirmation of voucher information belatedly through the Marangatu Tax Management System will not be subject to contravention penalties until 30 April 2024 if they have obligations under "955- REG. MONTHLY CHECK" or "956- REG. ANNUAL CHECK".
A contravention penalty will be enforced starting 1 May 2024 for failure to comply with the formal requirements for presenting informative affidavits. .