On 11 August 2026, the Ministry of Economy and Finance of Paraguay disbursed 142.962 billion Gs to State providers and creditors, representing one of the largest single-month treasury operations executed during the 2026 fiscal year. The transfer encompasses Solicitudes de Transferencia de Recursos (STRs) financed across Funding Source 10 “Treasury Resources”, Funding Source 20 “Public
On August 11 2026 SUNAT announced the auction of 70 real estate properties valued at over S/10 million aiming to strengthen fiscal reserves and promote transparent asset disposition. The initiative supports the government fiscal consolidation strategy and provides opportunities for private investment in regulated property markets. Key Takeaways Auction Execution: 70 properties valued above S/10
Peru: SUNAT Auctions 70 Properties Valued Over S/10 Million for Tax Revenue Read More »
As of the close of July 2026, the Central Administration of Paraguay achieved a cumulative budget execution of 39.6 billion Gs, equivalent to 47% of the total annual budget of 84 billion Gs vigente, as revealed by the Financial Report at the close of July 2026 issued by the Directorate General of Budget, under the
Paraguay: Paraguay Budget Execution Reaches 39.6 Billion Gs by July 2026 Read More »
In response to the Working Families Tax Cuts legislation, the Treasury Department and the IRS have issued proposed regulations concerning employer contributions to so‑called “Trump Accounts,” a tax‑advantaged vehicle established to support employees of certain employers. The regulations clarify the criteria for eligibility, the permissible contribution limits, and the reporting obligations for both employers and
On 11 August 2026, the Department of the Treasury and the Internal Revenue Service issued proposed regulations concerning employer contributions to Trump Accounts, a novel savings vehicle established under the Working Families Tax Cuts legislation enacted earlier in the fiscal year, aiming to expand tax-advantaged retirement opportunities for employees and their dependents across diverse income
The Central Administration of the Ministry of Economy and Finance (MEF) is responsible for the implementation of the national budget, overseeing the execution of appropriations across all ministries and agencies. The execution of the budget is governed by the Annual Budget Law, the Public Treasury Law, and the Fiscal Responsibility and Transparency Regulations, which together
Published on 2026-08-11, this Exenta Resolution authorizes a partnership between the Faculty of Economics of the University of Chile and the Servicio de Impuestos Internos, aiming to foster research and training in tax matters. Key Takeaways Institutional Partnership: Formalizes collaboration between the University’s Economics Faculty and the SII for joint initiatives. Research & Training: Facilitates
Chile: SII Exenta Resolution 103 (2026-08-11): Approves Economics Faculty Collaboration Read More »
On 2026/08/11, the Servicio de Impuestos Nacionales (SIN) issued a communiqué explaining that the implementation of the dual‑factor authentication system responds to internationally recognised cybersecurity standards. The new protocol, which became effective on 15 June 2026, requires taxpayers to verify their identity using two independent credentials—a password and a one‑time code sent to a registered
Bolivia: Double Authentication Factor Aligns with Global Cybersecurity Standard Read More »
The Ministry of Economy and Finance (MEF) of Paraguay released a report indicating that the execution of social spending reached 22.3 billion Guaranies by the end of July 2026, reflecting a strategic allocation of resources toward health, education, and other welfare programmes. Social spending, as defined in the national budget, encompasses all outlays that are directly
Paraguay: Social Spending Execution Reaches 22.3 Billion Guaranies, Health Focus Read More »
The Direccion General Impositiva (DGII) issued Boletin Informatico July 2026, No. 638, introducing several regulatory updates that affect Uruguay’s tax and customs framework. The notice, grounded in Law No. 20,733 on Tax Procedure and Implementing Regulation 2026/1422 on the Unified Customs Code – International Agreements (UCC-IA), is slated to become effective on 1 July 2026,
Uruguay: July 2026 Tax Bulletin No. 638: Regulatory Insights and Compliance Impact Read More »
