Crypto tax in Paraguay
10% income tax on crypto gains. No specific crypto legislation.
- Short-term rate
- 10%
- Long-term rate
- 10%
- Treatment
- Taxed as income
- Currency
- PYG
How Paraguay taxes crypto
Paraguay does not have specific cryptocurrency tax legislation. Crypto gains are generally treated as taxable income under the personal income tax (IRP) at a rate of 10%. The country has been exploring crypto-friendly policies, particularly around Bitcoin mining due to its abundant and cheap hydroelectric energy. Paraguay's regulatory framework for digital assets is still evolving, with recent laws aimed at regulating crypto mining operations.
The same rate applies however long you held.
A 10,000 PYG gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 10% | 1,000 | 9,000 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in South America
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| El Salvador | — | — |
| Uruguay | 12% | 12% |
| Argentina | 15% | 15% |
| Colombia | 39% | 15% |
| Brazil | 17.5% | 17.5% |
Headline rate last checked 31 July 2026 · methodology