Paraguay's National Directorate of Tax Revenues (DNIT) announced Tuesday that collection last month far exceeded expectations after posting a 9.1% yoy improvement. A DNIT report mentioned raking in ₲ 3.19 trillion (around US$ 405 million), which represented US$ 33.9 million more than in the same month of 2024.
Paraguayan authorities enacted a mechanism whereby foreign shoppers, particularly those living in Argentine across-the-border twin cities, would benefit from tax deductions and other advantages, it was announced this week.