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Paraguay vs Argentina
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇵🇾 Paraguay
vs
🇦🇷 Argentina
Tax Year:

💰 Personal Income Tax Calculator

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
8–10%
10% top; competitive positioning
No change
5–35%
Ganancias reform stabilizing; indexation to inflation adjustment
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
10% IVA maintained
No change
10.5–21%
21% standard; no rate change expected
No change

Corporate Tax Rate

Corporate Tax Rate
10%
10%; Pillar Two for large MNCs operating in Paraguay
No change
25–35%
RIGI (large investment regime) offers reduced rates for qualifying projects
No change

Capital Gains Tax

Capital Gains Tax
8–10%
8%/10% maintained
No change
15%
15% cedular; no major reform expected
No change

Social Security & Payroll

Social Security / Payroll
~25.5%
IPS reform discussions; adequacy concerns
No change
~42%
Labour flexibility reforms reducing some contributions
-2.0pp vs 2025
State, Regional & Local Taxes

🇵🇾 ParaguayMunicipal & Departmental Taxes

Paraguay's 17 departments and 254 municipalities levy the Impuesto Inmobiliario (property tax at 1% of assessed value), commercial licence fees (patente comercial), and vehicle registration fees. Asunción has the highest commercial licence fees. The Subsecretaría de Estado de Tributación (SET) administers national taxes. Paraguay has one of Latin America's lowest tax burdens (~12% of GDP) and has used flat low rates to attract foreign residents (MADES visa) and financial activity. No wealth tax exists.

🇦🇷 ArgentinaProvincial & Municipal Taxes

Argentina's 23 provinces and CABA each levy their own Ingresos Brutos (gross receipts tax) at 1%–8%, one of the most distortive taxes in the system. Municipalities add tasas (fees/rates) on commercial activity. Property taxes (inmobiliario) are provincial. The national IIBB cascades through supply chains, raising effective business costs significantly. Buenos Aires province has higher rates than interior provinces. Frequent tax amnesties and complex withholding regimes add compliance burden.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Paraguay vs Argentina: Key Tax Differences (2026)

💰 Income Tax: 🇦🇷 Argentina has a higher top income tax rate (8–10% vs 5–35%). 🇵🇾 Paraguay is more favourable for high earners.

🛒 VAT/Sales Tax: Argentina has a higher consumption tax (10% vs 10.5–21%).

🏢 Corporate Tax: 🇵🇾 Paraguay offers a lower corporate rate (10% vs 35%), which can influence business location decisions.

📈 Capital Gains: 🇵🇾 Paraguay taxes investment gains at a lower rate (10% vs 15%), benefiting investors.

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