Through Law 208 of 2021, Law 99 of 2019 has been modified, which
is related to the Tax Amnesty for the payment of taxes in
Panama.
On this occasion, it is a Tax Amnesty to which taxpayers, be
they natural and legal persons, as well as real estate that owe
taxes, fees and special contributions due and delinquent as of
January 31, 2021, can avail themselves.
On the other hand, the possibility of being able to carry out
payment arrangements with the General Directorate of Revenues is
opened again; Even if you have a prior payment arrangement, you can
withdraw from it and avail yourself of a new payment agreement as
long as you pay 25% of the nominal tax owed, in which case the
Panamanian State forgives you 85% of the total interest surcharges
and fines. It should be noted that any payment arrangement made at
this time must be paid in full by December 31, 2021.
