Crypto Taxes in Paraguay: What the DNIT Has and Has Not Ruled
What binding consultation N° 582 actually says, why it does not answer the individual’s question, and the reporting duty that applies either way.
Last verified 2026-08-20Next review 2026-09-204 official sources
Paraguay's tax authority has ruled on crypto, but the ruling it published answers a company's question, not an individual's. In binding consultation N° 582 the DNIT treats a cryptocurrency as a valor privado, a private value of a sui generis character, and concludes that gains from crypto operations are within the IRE at 10%, while the disposal itself is exempt from IVA under Article 100 of Ley N° 6380/2019.
For an individual taxed under the IRP, the position is genuinely less settled, and anyone who tells you it is settled should be asked to produce the instrument. Separately, since Resolución General N° 47/2026 there is a reporting duty over USD 5,000 a year whether or not tax is due.
What the DNIT actually decided
Consultation N° 582 was brought by a company that buys and sells crypto and charges a commission. The DNIT opens by conceding that the legal nature of cryptocurrencies is still in debate, that they are not electronic money, not fiat currency, not financial assets, not digital coupons and not payment instruments, and that they carry a sui generis private character. It then works through European case law and the OECD and FATF definitions before settling on its own classification: a cryptocurrency is a private value.
From that classification, three operative conclusions follow.
| Question | DNIT's conclusion in CV N° 582 |
|---|---|
| Selling crypto for money | A compraventa. Within the IRE hecho generador under Article 1 of Ley N° 6380/2019, which reaches all Paraguayan-source income including any increase in the taxpayer's net worth. Taxed at 10% under Article 21. |
| Paying for goods or services in crypto | A permuta, treated as a double sale under Article 9 of the Annex to Decreto N° 3107/2019, with each side liable on its own leg. |
| IVA on the crypto leg | Exempt. Article 100, numeral 1, inciso a) exempts the disposal of private values, so the disposal of a cryptocurrency is exempt from IVA, in both the sale and the barter case. |
| An intermediary's commission | Taxable. IVA at the general 10% rate, with a properly stamped invoice required under Article 92. |
The ruling closes by noting that it was written for the facts put to the authority and that the administration reserves the right to modify it if those facts change.
Why that does not answer the individual's question
The consultation is an IRE analysis, because the taxpayer who asked was a company. The IRP is a different tax with a different source rule, and the DNIT did not rule on it here.
Working from the statute rather than from the ruling, three provisions bear on an individual:
- Article 48 taxes Paraguayan-source income: activities carried out in Paraguay, property situated there, rights economically used there.
- Article 57 enumerates capital income and gains, and every category is anchored to Paraguay. Gains on movable property are listed by reference to property situated in the national territory, which is exactly the concept that a token on a public ledger fits awkwardly.
- Article 57 item 11 makes any unjustified increase in net worth taxable capital income, with Article 58 imputing it to the year preceding detection.
Where the sources conflict. Secondary commentary on CV N° 582 has been reported both ways: some coverage summarises it as confirming that individuals under the IRP owe nothing on crypto gains whether arising in Paraguay or abroad, and other coverage summarises it as taxing residents on crypto wherever the exchange sits. Neither proposition is stated in the text of the consultation we read. The consultation addresses the IRE.
We are not going to pick a side on a question the authority has not answered in writing. If a provider gives you a definite answer on IRP treatment of crypto gains, ask which article or ruling they are relying on, and read it.
The reporting duty is settled, even where the tax is not
Resolución General N° 47/2026, published by the DNIT on 11 March 2026, creates an information obligation. As announced by the authority:
- It applies to owners, administrators and operators of crypto platforms in Paraguay, and to individuals and entities resident or incorporated in Paraguay that transact in crypto-assets.
- The threshold is USD 5,000 in aggregate over the year.
- Reporting is by annual informative sworn declaration through the Marangatu system, within three months of the close of the fiscal year, with the 2026 fiscal year as the first reporting period.
- Reportable fields include transaction type, date and time, quantity, the transaction hash, origin and destination addresses, and wallet type.
Two things follow. First, an information regime is not a tax, and the DNIT announcement does not impose one. Second, a country that collects wallet addresses and hashes is a country that can later assess an unjustified increase in net worth. The reporting regime and Article 57 item 11 sit together whether or not that was the intention.
Mining is a separate business question
Paraguayan hydroelectric capacity has made industrial mining a real sector, and it has been subject to its own regulatory attention and its own reporting requirements. Mining as an activity carried out in Paraguay is plainly Paraguayan-source. It is a business, taxed as a business, with the electricity contracting, permitting and customs questions any industrial operation has. Treat it as a business plan and not as a residency benefit.
What we would actually do
- Keep records from the beginning. Acquisition dates, cost basis, exchange records, on-ramp and off-ramp bank statements. Not because Paraguay has told you to compute a gain, but because Article 57 item 11 asks where your net worth came from.
- Separate the trading question from the holding question. Frequent trading looks like an activity; long-term holding looks like an asset. Those characterisations pull in different directions under Article 48.
- Think hard before putting crypto inside a Paraguayan company. CV N° 582 is clear that IRE applies at 10% to the gain. That is the one case where the authority has spoken, and it speaks against the structure. See IRP vs IRE.
- Deal with your home country separately. Most residence-based systems tax crypto gains, and some tax them on disposal regardless of where you now live if you left badly. See US citizens and UK leavers.
- Take Paraguayan advice in writing, and if the answer matters enough, consider filing your own consulta vinculante. That is the mechanism the law provides for exactly this situation.
Open items on this page. The IRP treatment of crypto gains realised by a resident individual has not, so far as we can establish, been addressed in a published DNIT ruling. The fine of ₲1,000,000 for late informative filing under RG N° 47/2026 is taken from the DNIT announcement and should be confirmed against the resolution text. This page will change when the authority publishes more.
Common questions
- Does Paraguay tax cryptocurrency gains?
- In binding consultation N° 582 the DNIT concluded that a company’s crypto gains fall within the business income tax at 10%, treating a cryptocurrency as a valor privado. That ruling addresses the IRE. It does not rule on the personal income tax position of an individual, which remains unsettled.
- Is crypto subject to IVA in Paraguay?
- The DNIT concluded that the disposal of a cryptocurrency is exempt from IVA, because Article 100, numeral 1, inciso a) of Ley N° 6380/2019 exempts the disposal of private values. The exemption covers both sale and barter, although the counterparty good or service in a barter may itself be taxable, and an intermediary’s commission is taxed at the general 10% rate.
- Do I have to report my crypto to the Paraguayan tax authority?
- Resolución General N° 47/2026, published on 11 March 2026, requires platforms and residents transacting more than USD 5,000 in aggregate over the year to file an annual informative declaration through Marangatu within three months of the fiscal year close, with the 2026 fiscal year as the first reporting period.
- Should I hold crypto through a Paraguayan company?
- The one case the authority has ruled on is precisely the case against it: consultation N° 582 places a company’s crypto gain squarely within the IRE at 10%. Take Paraguayan advice in writing, and consider filing your own consulta vinculante if the answer is material to you.
Whether Paraguay works for you depends on how you earn
Not just on where you live. We can walk through your position with you — including the cases where Paraguayan residency does not produce the outcome people expect. This is general information, not tax advice for your circumstances.
Sources
Every legal, fee and procedural statement on this page is taken from the sources below and was checked on 2026-08-20. Where they change, this page changes.
- DNIT — Consulta vinculante N° 582: tratamiento impositivo de las operaciones con criptomonedas — Crypto as a valor privado; IRE at 10% on the gain; IVA exemption under Article 100
- DNIT — Obligación de informar las transacciones con criptoactivos — Resolución General N° 47/2026: who reports, the USD 5,000 threshold and the filing deadline
- Ley N° 6380/2019 — Biblioteca y Archivo Central del Congreso Nacional — IRP, IRE, IDU and INR: source rules, rates and exemptions
- Vouga Abogados — Obligación de reportar criptoactivos — Paraguayan professional analysis of RG 47/2026 and of Paraguay’s transparency commitments
Related
This page is general information about Paraguayan rules as published by the authorities named above. It is not legal or tax advice for your circumstances, and immigration outcomes depend on your nationality, documents and individual case. See our legal and tax information disclaimer.