Paraguay has met all aspects of the terms of reference (OECD, 2017[3]) (ToR) for the calendar year 2018 (year in review) that can be met in the absence of rulings being issued.
In the prior year review, Paraguay received two recommendations, which have been addressed and are removed.
Paraguay does not issue any type of rulings within the scope of the transparency framework. In the prior year peer review report, it was noted that Paraguay could issue a ruling related to a preferential regime. However, it has since been confirmed that the preferential regime in question is not in the scope of the FHTP’s work, and therefore is not a ruling to which the transparency framework applies. The two recommendations from the prior year report, relating to the identification and exchange of information on rulings, are no longer applicable. No other types of rulings that are in the scope of the transparency framework can be issued by Paraguay.
As no exchanges were required to take place, no peer input was received in respect of the exchanges of information on rulings received from Paraguay.