Paraguay tax guide

Planning reference for Paraguay using PYG salary values.

This is not an official government calculation. Confirm final details with PwC Worldwide Tax Summaries - Paraguay or a qualified tax professional.

Model coverage

A source-reviewed simplified salary model is available in the calculator.

Scope: Paraguay-resident employee of a commercial entity with regular salary and no personal, family, health, education, housing, donation or other expense deductions. PIT is zero when annual gross personal-service income does not exceed PYG 80 million. Financial-entity employees have a different social-security rate.

Reference details

CurrencyPYG
National tax labelPersonal Income Tax
Personal allowanceNot modeled
Employee contributionsStandard commercial-entity employee contribution: 9% of salary.
Last source review2026-07-23

Modeled national brackets

BandRateReference threshold
18.0%Up to 50,000,000 PYG
29.0%Up to 150,000,000 PYG
310.0%Top bracket and above

Official source

PwC Worldwide Tax Summaries - Paraguay: https://taxsummaries.pwc.com/paraguay/individual/other-taxes

Tax rules, thresholds, allowances, and contribution limits can change. Use the official source above to verify the current rules before making a financial decision.