Personal Income tax question

Hello,  I'm considering becoming PY resident and would like to know how PY resident is taxed if he gets dividends from foreign company with no business activity in PY?

So no one knows?

Hi,

Sent you a private message :)

LoreLaterra wrote:

Hi,

Sent you a private message :)


If you have some information or advice regarding income tax could you please post it on the forum as it may assist others.
Thank you.

Hi,

No income tax for money earned outside the country

The personal  income tax here in Paraguay is at a 10% rate and only applies to income earned in Paraguay by citizens or residents.