This Article is a slap in the face to the members of the private club called OECD and the reason Panama must continue to defend its financial services platform.

The Panamanian government has issued Law 99 of October 11, 2019, which establishes a General Tax Amnesty Law that includes the elimination, for a limited period, of the penalties and surcharges caused by non-payment ...

Panama was removed from the list of non-cooperative jurisdictions for tax purposes of the European Union, also known as the blacklist.

Siendo Panamá una jurisdicción cuyo sistema impositivo se basa en el Principio de Territorialidad, cuya economía gira en torno a los servicios financieros, legales, logísticos… qué política debe tener con respecto al capital extranjero?

The financial obligation of parents with their children of legal age will be until they reach 25 years-old.

Law 52 of October 17, 2018, which regulates call centers activities for commercial use amends the tax incentives received by these companies.

Con la adhesión de Panamá a la Convención Sobre Asistencia Administrativa Muta en Materia Fiscal, el país eleva el número de jurisdicciones socias o naciones con las que puede realizar un intercambio de información de 30 a 107.

The Panamanian Government with the aim of improving the competitiveness of the international services industry in Panama and, at the same time, comply with international standards for the effective exchange...

First of all, it is important to define what an estate is.

Un holding constituido en Panamá que nunca tuvo oficina ni empleados, y que solo recibe dividendos de una filial en otro país, es precisamente uno de los tipos de estructuras alcanzados por la Ley 526, que modifica el Código Fiscal del país centroamericano. Ese modelo, utilizado durante años en cientos de estructuras patrimoniales y corporativas registradas en Panamá, deja de ser suficiente por sí solo a partir del periodo fiscal 2027, cuando entra en vigor el nuevo régimen de sustancia económica.

Last year I wrote an article related to tax residence in Panama. On such article I mentioned that the OECD would be closing loopholes and forcing countries and subsequently Banks, to do more due diligence on their clients ...

Panamá extendió hasta el 2025 algunos incentivos fiscales, con el fin de atraer inversiones en infraestructura y en productos para el turismo de convenciones y vacaciones.

The Panamanian Government recently approved a bill that establishes an incentive program to recover and promote the conservation of natural forests.

Nowadays, when many countries are announcing an increase in taxes due to the coronavirus pandemic, surely a lot of individuals are or will be looking to do some tax planning by changing their tax residence to...

In Panama, sports is a sector that is constantly developing and has the potential for growth, but only if we are willing to invest in the necessary infrastructure to give our athletes the opportunity to succeed.

Nowadays, when many countries are announcing an increase in taxes due to the coronavirus pandemic, surely a lot of individuals are or will be looking to do some tax planning...

El Foro asignó una calificación temporal de "cumplidor en gran medida" al país, la segunda mejor nota que se puede obtener, explicó Publio Cortés, Director General de Ingresos.

Regulated by means of Act No. 41 of 2004, Panama suscribed a special regime to Panama-Pacifico area.

El gobierno panameño emitió la Ley 99 de 11 de octubre de 2019 que establece una ley de Amnistía Tributaria General ("Amnistía") que incluye la eliminación, por un periodo limitado y en forma escalonada, ...

The enactment of Law 526 of 2026 in Panama introduces strict obligations for companies that are part of multinational groups and earn passive income from foreign sources. With entry into force set for fiscal year 2027, organizations that fall behind face a 15% tax rate on their net taxable foreign-source income if they fail to demonstrate a genuine operational presence within national territory. Given this regulatory landscape, delegating accounting and labor administration to qualified local providers is no longer merely an efficiency option, it has become a pillar of legal compliance.