Law No. 11773, Of 17 September 2008

Original Language Title: Lei nº 11.773, de 17 de Setembro de 2008

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LEI No. 11,773, DE September 17, 2008.

Disposes on the ascertaining of the tax of income in the source incident on income from the provision of international road transportation services of cargo, earned by autonomous transporter physical person, resident in the Republic of Paraguay, considered as a unipersonal corporation in that Country.

THE PRESIDENT OF THE REPUBLIC I do know that the National Congress decrees and I sanction the following Law:

Art. 1o The paid values, credited, delivered, employed or remitted by contractor legal person domiciled in the Country, authorised to operate international road haulage, the recipient autonomous transporter physical person, resident in the Republic of Paraguay, considered as a unipersonal corporation in that Country, when arising from the provision of international road freight transport services, are subject to the incidence of income tax at source, ascertained on the basis of calculation of which treats the inciso I of the art caput. 9o of Law no 7,713, of December 22, 1988.

§ 1o The value of the tax to which the caput of this article refers will be calculated accordingly with the monthly progressive tables predicted in art. 1o of Law no 11,482, of May 31, 2007.

§ 2o The tax must be withheld on the occasion of each payment, credit, delivery, employment or shipment, applying, if there is more than one of those events effected by the same payer source in the month of ascertainment, the aliquot corresponding to the calculated calculation basis after the sum of the income, offsetting the previously retained tax.

Art. 2the The income tax ascertained under this Act must be collected by the last working day of the first decential of the month subsequent to the month of occurrence of the generator facts.

Art. 3o The Executive Power will regulate the provisions of this Act.

Art. 4the This Act comes into force on the date of its publication, producing effects to from the first day of the subsequent month.

Brasilia, September 17, 2008 ; 187the of Independence and 120o of the Republic.

LUIZ INACIO LULA DA SILVA

Guido Mantega