The Government of Paraguay has recently implemented the Decree (No. 2063\/24) of the Shopping Tourism Regime (RTC), which regulates the import and marketing of certain goods to foreign individuals not domiciled in the country, that is, tourists.<\/p>\n\n\n\n
A notable aspect of this decree is its article 12, which modifies the Compensatory Remuneration provided for in article 5 of Decree No. 4212\/2015 on Compensatory Remuneration for Private Copying, regulating Law 1328\/98 on Copyright and Related Rights. This change establishes that the amount of remuneration will be 0.5% on 50% of the value of entry into the national territory of the products and devices subject to said payment, <\/strong>when they are entered under the RTC<\/strong>.<\/p>\n\n\n\n The modification has been interpreted by Paraguayan authors and collective management entities of Intellectual Rights as a significant decrease in royalties, which could affect authors and record labels in the country<\/strong>, since it translates into a 50% reduction of current royalties.<\/p>\n\n\n\n The article in question establishes a modification in the way in which the Compensatory Remuneration is calculated for certain products and devices imported under the Shopping Tourism Regime (RTC). Here is the detailed explanation contained in the decree:<\/p>\n\n\n\n “It is hereby established that the amount of the Compensatory Remuneration provided for in numeral 1) of article 5 of Decree No. 4212\/2015, “By which Chapter IV “On compensatory remuneration rights” of Law No. 1328\/1998, “On copyright and related rights” is regulated and Decree No. 6780\/2011 is repealed”, will be zero point five percent (0.5%) on fifty percent (50%) of the value of entry into the national territory of the products and devices subject to the payment of said emolument and entered under the RTC.”.<\/p>\n\n\n\n What is Compensatory Remuneration?:<\/strong><\/p>\n\n\n\n A type of payment made to compensate authors and copyright holders for the use of their works. This payment is typically applied to products and devices that can be used to reproduce, copy, or store copyrighted works, such as electronic devices.<\/p>\n\n\n\n Modification of calculation:<\/strong><\/p>\n\n\n\n According to the new decree, the amount of this Compensatory Remuneration will be 0.5% (zero point five percent).<\/p>\n\n\n\n