Tag

dnit

19 articles - 1 / 1

Search archive

Prosecutors seek arrest of former Argentine senator for currency smuggling in Paraguay

The Paraguayan Public Prosecutor's Office has requested a sentence of two years and two months in prison for former Argentine senator Edgardo Kueider and his secretary for attempted currency smuggling, after they were detained in December 2024 with over 200,000 undeclared US dollars, while the defense requested acquittal and the trial continues pending the verdict.

edgardo-kueideriara-magdalena-guinseldnit

DNIT Revenue Falls 17% Due to Paraguayan Guarani's Appreciation Against the Dollar

Revenue for Paraguay's tax and customs authority, DNIT, fell by 17% over one year, representing a loss of G 238.8 billion. The decline is attributed to the appreciation of the guaraní against the US dollar, which reduced the local currency value of customs taxes. The majority of regions were affected, with sharp drops at key points such as Silvio Pettirossi Airport (-41%) and Santa Helena (-78%).

dnitsanta-helenajose-falcon

DNIT requires arms and munitions dealers to issue electronic invoices through Sifen

DNIT has published General Resolution No. 54, requiring manufacturers, importers, exporters, and retailers of firearms, ammunition, explosives, and pyrotechnic articles to issue electronic tax documents exclusively through Sifen, with a 90-day compliance deadline. For companies with their own systems, the transition favors API-based integrations that preserve commercial operations and keep auditable fiscal evidence.

dnit

On Accountants Day, CCP director says AI streamlines tasks but does not replace accounting professionals

On Accountants Day, Alba Talavera, Director of Education at the Colegio de Contadores del Paraguay (CCP), stated that artificial intelligence and other technologies help streamline tasks but cannot replace the accounting professional, emphasizing that regulatory and technological updates are essential for the sector's future, which has 24,093 professionals nationwide, according to data from the Instituto Nacional de Estadística (INE).

instituto-nacional-de-estadisticadnitcolegio-de-contadores-del-paraguay

MEF and DNIT Reassess Fiscal Projections and May Ease Deficit Cap in 2026

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%.

deficit-fiscalmefdnitcavialpafactoring

Guarani Appreciation Reduces Customs Revenue and Challenges Fiscal Projections in Paraguay

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.

guaranidnit