Complete guide: Income tax · Paraguay
Updated:
Resident annual IRP-RSP: entry when gross taxable receipts exceed Gs80 million. Net-income marginal bands: 8% to 50 million, 9% from 50–150 million, 10% above. Enter already adjusted deductible expenses; statutory bonus is exempt. No automatic monthly one-twelfth withholding.
General private employment. IRP-RSP is assessed annually; IPS is not income tax.
Estimates in local currency, without conversion. Document review: 2026-10-23; laws, tables and monetary units are not automatically synchronized. Default salaries are examples, not legal minimum wages. Check your contract, collective agreement and payslip before making decisions.
Sources and legal scope
Document review: 2026-10-23
How it works
- 1Tax = fixed accumulated tax + bracket excess × rate − credits; marginal scales sum all bands.
- 2Separate salary bases, accrued entitlements and payments already received.
- 3Compare the result with the sources and the stated employment scenario.
Frequently asked questions
Which Paraguay rules apply?
Resident annual IRP-RSP: entry when gross taxable receipts exceed Gs80 million. Net-income marginal bands: 8% to 50 million, 9% from 50–150 million, 10% above. Enter already adjusted deductible expenses; statutory bonus is exempt. No automatic monthly one-twelfth withholding.
Is this a final tax filing or employment claim calculation?
General private employment. IRP-RSP is assessed annually; IPS is not income tax.
Are inputs preserved when sharing?
Yes. The link retains entered amounts and options. Laws may change; check the date and sources.