Paraguay Crypto Tax Guide
Complete guide to cryptocurrency taxation in Paraguay. Updated for 2026 with the latest Subsecretaria de Estado de Tributacion (SET) requirements.
Paraguay Crypto Tax Rules
How cryptocurrency is taxed by the Subsecretaria de Estado de Tributacion (SET)
Crypto gains taxed under personal income tax (IRP)
Flat 10% tax rate on capital gains from crypto
Mining operations may be treated as business income
Crypto-to-crypto trades are taxable events
Paraguay has become a crypto mining hub due to cheap electricity
No specific cryptocurrency legislation but covered by existing tax laws
Why Use Crypto Tax Software
How the Best Platforms Help Paraguay Investors
Tailored features that make Paraguay crypto tax reporting effortless
Subsecretaria de Estado de Tributacion (SET)-Ready Reports
Generate tax reports that comply with Paraguay's specific requirements. No manual calculations or guesswork needed.
Automatic Transaction Import
Connect your wallets and exchanges once. The platform imports and categorizes all your PYG trades automatically.
Audit-Proof Records
Maintain detailed transaction history and reports that satisfy Subsecretaria de Estado de Tributacion (SET) requirements in case of any inquiries.
Tax Optimization Tools
Identify tax-loss harvesting opportunities and choose accounting methods that legally minimize your Paraguay tax burden.
Compare Crypto Tax Platforms for Paraguay
Find the best software for your Paraguay crypto tax needs
| Platform | Rating | DeFi/Perps | Lending | Enterprise | Wallets | Time | Price | Action |
|---|---|---|---|---|---|---|---|---|
| Awaken Tax Recommended | ✓ | ✓ | ✓ | Unlimited | <1 hr | From $69 | Try Free | |
| Koinly | ✓ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| CoinTracker | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From $59 | Visit Site | |
| CoinLedger | ~ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| TokenTax | ✓ | ✓ | ✓ | Unlimited | 2-3 hrs | From $65 | Visit Site | |
| BlockPit | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From €49 | Visit Site |
Important Tax Deadlines
Key dates for Paraguay crypto tax filing
Required Forms
What to Look for in Paraguay Crypto Tax Software
Key features that make crypto tax reporting easier for Paraguay investors
Full Paraguay tax support with PYG calculations
Automatic 10% flat tax computation
Mining income tracking for crypto miners
Support for Latin American and international exchanges
SET-compliant documentation export
Spanish language reports
Calculate your taxes with our free tools
Our Top Recommendation
Why Awaken Tax for Paraguay Investors
The features that make Awaken stand out for Paraguay crypto tax reporting
Portfolio Tracking
Track your portfolio balance in real-time with automatic coin detection across all connected wallets and exchanges.
AI Transaction Tagging
Smart AI automatically categorizes your transactions. No more manual labeling of airdrops, swaps, or rewards.
Real Human Support
Actual crypto tax experts who understand your complex on-chain activity, not chatbots.
Subsecretaria de Estado de Tributacion (SET) Compliant
Generate reports that meet Paraguay's specific tax requirements with complete confidence.
Ready to file your Paraguay crypto taxes?
We've done the research so you don't have to. Compare platforms and find the best fit for your Paraguay tax reporting needs.
Track Your TaxesFrequently Asked Questions
Common questions about crypto taxes in Paraguay
Do I have to pay taxes on crypto in Paraguay?
Yes, cryptocurrency is generally taxable in Paraguay. The Subsecretaria de Estado de Tributacion (SET) considers crypto transactions as taxable events, including selling, trading, and in some cases, receiving crypto as income from mining or staking.
What is the crypto tax rate in Paraguay?
Tax rates vary based on your income level and how long you held the crypto. Crypto gains taxed under personal income tax (IRP) Check the tax rules section above for specific rates.
When is the crypto tax deadline in Paraguay?
The main tax filing deadline in Paraguay is March 31 - Annual income tax filing deadline. There may also be other important dates such as March 31 for Corporate tax filing deadline.
What is the best crypto tax software for Paraguay?
Awaken Tax offers full support for Paraguay crypto tax reporting, with automatic calculations and Subsecretaria de Estado de Tributacion (SET)-compliant reports. Start free with up to 100 transactions.
Is crypto-to-crypto trading taxable in Paraguay?
In most cases, yes. Trading one cryptocurrency for another is typically considered a taxable event in Paraguay. Each trade may trigger a capital gain or loss that needs to be reported to the Subsecretaria de Estado de Tributacion (SET).