Óscar Orué

The Instituto de Previsión Social (IPS) and the Dirección Nacional de Ingresos Tributarios (DNIT) have signed an agreement to cross-check financial and tax data, aiming to increase social security revenue in Paraguay and combat fraud and informality.

The Colegio de Contadores del Paraguay has requested a technical and public debate with the DNIT regarding Resolution No. 49/2026 and a potential bill affecting companies' retained earnings, citing a lack of clarity in the rules and calling for formal explanations before the measures proceed.

The director of Paraguay's Tax Revenue Office, Óscar Orué, stated that General Resolution DNIT No. 49/2026 does not create a new tax or limit the use of corporate reserves, but seeks to expand transparency and oversight over the origin and destination of accumulated profits.

The Ministry of Economy and Finance (MEF) and the National Directorate of Tax Revenue (DNIT) have begun new revenue and expenditure estimates to decide whether to raise the fiscal deficit cap, currently set at 1.5% of GDP. The move comes after first-quarter revenue fell short of expectations, while the accumulated deficit has already reached 0.8% of GDP and the annualized figure stands at 2.2%.

The strong appreciation of the guarani against the dollar, with the exchange rate near G. 6,000, is reducing the tax base on imports and pressuring revenue for the National Directorate of Tax Revenues (DNIT). Director Óscar Orué states that although import volume grew 5.2% in dollars through April, the 20.5% depreciation of the US currency caused the taxable base in guarani to fall 16.2%, mainly affecting the customs component. DNIT maintains its revenue projection for 2026, betting on strengthened oversight and better performance of internal taxes to offset losses.