The Corporate Tax Rate in Paraguay stands at 10 percent.

Corporate Tax Rate in Paraguay averaged 17.08 percent from 1997 until 2020, reaching an all time high of 30 percent in 1998 and a record low of 10 percent in 2006. This page provides - Paraguay Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Paraguay Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in Paraguay is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Paraguay Corporate Tax Rate is projected to trend around 10.00 percent in 2021, according to our econometric models.

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Paraguay Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 30.00 10.00 1997 - 2020 percent Yearly

Paraguay Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 10.00 10.00 30.00 10.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 25.50 25.50 25.50 25.50 percent [+]
Social Security Rate For Companies 16.50 16.50 16.50 16.50 percent [+]
Social Security Rate For Employees 9.00 9.00 9.00 9.00 percent [+]


Paraguay Corporate Tax Rate
In Paraguay, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Paraguay.