Paraguay - Taxes on income

Taxes on income, profits and capital gains (current LCU)

The value for Taxes on income, profits and capital gains (current LCU) in Paraguay was 6,012,720,000,000 as of 2019. As the graph below shows, over the past 14 years this indicator reached a maximum value of 6,012,720,000,000 in 2019 and a minimum value of 952,800,000,000 in 2005.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2005 952,800,000,000
2006 959,700,000,000
2007 1,228,520,000,000
2008 1,573,180,000,000
2009 2,192,950,000,000
2010 2,095,600,000,000
2011 2,610,610,000,000
2012 2,903,240,000,000
2013 3,097,580,000,000
2014 3,681,550,000,000
2015 3,917,540,000,000
2016 4,412,020,000,000
2017 5,047,090,000,000
2018 5,260,300,000,000
2019 6,012,720,000,000

Taxes on income, profits and capital gains (% of revenue)

Taxes on income, profits and capital gains (% of revenue) in Paraguay was 14.39 as of 2019. Its highest value over the past 14 years was 14.39 in 2019, while its lowest value was 8.57 in 2006.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2005 9.84
2006 8.57
2007 9.65
2008 10.39
2009 13.33
2010 10.88
2011 11.52
2012 11.61
2013 11.98
2014 12.12
2015 11.65
2016 11.93
2017 13.09
2018 13.07
2019 14.39

Taxes on income, profits and capital gains (% of total taxes)

Taxes on income, profits and capital gains (% of total taxes) in Paraguay was 25.42 as of 2019. Its highest value over the past 14 years was 25.42 in 2019, while its lowest value was 15.19 in 2006.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2005 17.38
2006 15.19
2007 17.44
2008 18.10
2009 23.72
2010 18.30
2011 19.70
2012 20.85
2013 20.71
2014 20.97
2015 21.35
2016 22.55
2017 23.13
2018 22.64
2019 25.42

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance